Share Market: Investors’ eyes fixed on the interest of American banks

Share Market This Week: Last week was disappointing for the Indian stock market. During this period, in the five trading days from March 11 to March 15, a huge decline of 1.82 percent i.e. 1345.52 points was seen in the Sensex. At the same time, Nifty fell by 2.18 percent i.e. 491.10 points. Along with this, the rally that had been going on in the market for the last four weeks also came to a halt. However, this week the direction of the stock markets will be decided by the US central bank Federal Reserve’s decision on interest rates. Apart from this, the trend of global markets and activities of foreign investors will also be important for the market. Analysts have expressed this opinion. Last week, investor sentiment was affected by the huge fall in shares of small and medium companies, withdrawal of foreign funds and high prices of crude oil in the international market.

Also Read: This week, 2 companies will bring IPO in the market, 9 companies will be listed.

‘Everyone’s attention will be on monetary policy’

Experts say that during the week many central banks of the world will announce their stance on monetary policy. In such a situation, there may be fluctuations in the stock market in the near term. Pravesh Gaur, senior technical analyst at Swastika Investmart, said that everyone’s attention will be on monetary policy this week. The two-day policy meeting of the Federal Reserve is going to start on March 19. The US central bank will announce its decision on interest rates on March 20. He told that apart from this, China will announce key rates on one year and five year loans. The Bank of Japan (BOJ) will announce its decision on interest rates on March 19. Japan will also release inflation data on March 22. He said that apart from this, everyone will keep an eye on the movement of rupee against dollar, yield on American bonds and fluctuations in crude oil prices.

What do experts say?

Prashant Tapase, Senior Vice President (Research), Mehta Equities Limited, said that amid uncertainty, investors will keep an eye on the trend of global markets for their investments in stocks. Motilal Oswal Financial Services Ltd. Siddharth Khemka, head of retail research, said that this week is going to be important from the economic point of view. Many big central banks globally will announce their policy stance. He said that in such a situation we believe that there will be instability in the market in the near term. Investors’ focus will be on big and safe stocks. Analysts say that the focus of investors will now be on the upcoming Lok Sabha elections. Seven-phase Lok Sabha elections are going to start from April 19. Counting of votes will take place on June 4. Vinod Nair, head of research, Geojit Financial Services, said that investors will pay attention to the monetary policy decisions of global central banks in the coming week. The Bank of Japan and the Bank of England, along with the Federal Reserve, will announce their decisions on interest rates during the week. ,with language input,