Share Market News: How will the market move next week, will the market rise or fall after the US tariff?

Share Market News: Last week, the Indian stock market witnessed a decline. The BSE Sensex slipped 742.12 points, while the NSE Nifty fell 202.05 points. After this decline, the question in the minds of investors is whether this trend will continue next week or the market will return to bullishness.

Expectations pinned on inflation data

According to Ajit Mishra, Senior Vice President (Research), Religare Broking Ltd., this week the market will keep an eye on the Consumer Price Index (CPI) and Wholesale Price Index (WPI) based inflation data. Along with this, developments related to India-US trade relations and quarterly results of some major companies—like Ashok Leyland, ONGC, IOC, Hindalco Industries and BPCL—can bring special movement in the shares.

Pressure of international factors

Swastika Investmart Ltd. Research Head Santosh Meena says that US trade war, global economic data and FII investment flow will decide the market movement this week. Both the US inflation data to be released on August 12 and India's inflation data to be released on the same day can have a profound impact on the market mood.

Foreign investors' selling is a cause of concern

According to Siddharth Khemka of Motilal Oswal Financial Services, foreign investors have withdrawn about Rs 18,000 crore from the market so far in August. If this trend continues, there will be pressure in the market. According to him, the market may remain weak until there is clarity on tariffs and policy, although a boom in stock-specific activities is possible.

Overall, the direction of the market next week will depend on domestic inflation data, global economic signals and foreign investors' moves. The stock market will be closed on August 15 on the occasion of Independence Day.