Indian stock market: 8 key things that changed for market over weekend - Gift Nifty, China data to HDFC Bank Q4 results
Sensex rallied 599.34 points, or 0.83%, to close at 73,088.33, while the Nifty 50 settled 151.15 points, or 0.69%, higher at 22,147.00. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 22 “Markets are likely to see volatility in a broader range on the back of divergent cues. On the negative side flare-up in geo-political tension in the Middle East, hawkish US Fed comments, and FIIs selling are making investors restless.
On the positive side, expectations of healthy earnings from index heavyweights and buying emerging at lower levels are showing strength in the market. This week, focus will remain on the earnings season along with global cues," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Investors will watch out for several stock market triggers including the ongoing Q4 results, domestic and global macroeconomic data, general elections 2024, the Iran-Israel conflict, crude oil prices, trends in US bond yields, and other global market cues.
Read here: Week Ahead: Q4 Results, Iran-Israel conflict, global cues among key market triggers this week Here are key domestic and global market cues for Sensex today: Asian markets traded higher on Monday as focus shifted to a slew of company earnings and economic data this week. Japan’s Nikkei 225 gained 0.86%, while the Topix rallied 1.44%. South Korea’s Kospi jumped 1.13% and the Kosdaq rose 1.04%.
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