Story preview
Continue reading on the publisher site for the full article.
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
8
in the last 3 days
First reported
5 days ago
7 outlets since
Countries
7 other outlets reported this story in the last 3 days.
Nifty has the potential to rise about 5% if earnings growth meets expectations and crude oil prices ease below USD 100 per barrel, an analyst said.
The RBI’s surprise rate hike on October 7 sent the Nifty crashing to a fresh 52-week low of 22,179.90 on Thursday before Friday’s rebound rescued the weekly numbers.
Markets will watch Indian inflation data, US economic releases, corporate earnings, crude prices and rupee movements for direction next week. IT results from HCL Technologies, Wipro and Tech Mahindra may shape sector sentiment, while high US yields and persistent FII selling could weigh on equities.