Stock Market Today: The direction of the stock markets will be decided this week by inflation data and the decision of the US central bank Federal Reserve on interest rates. Market experts have expressed this opinion. Santosh Meena, Head of Research, Swastika Investmart said, “The market will be watching the policy decisions of global central banks this week. Most important in this will be the decision of the Federal Reserve. The monetary review of the European Central Bank, Bank of England and Bank of Japan is also due this week.
Omicron’s news will also have an effect
“The impact of Omicron on the market is not a cause for much concern now, but the news on Omicron may cause some volatility in the market,” he said.
Sensex up 1.60 per cent
Yesha Shah, Head of Equity Research, Samco Securities, said, “Inflation data on the domestic front and the outcome of the FOMC meeting will be market-oriented developments this week.” remained in profit.
Will keep an eye on Fed Reserve meeting
Shrikant Chauhan, Head of Equity Research (Retail) at Kotak Securities, said, “The market will be watching the US Federal Reserve meeting immediately.” Apart from this, Brent crude oil prices, rupee volatility and foreign investors’ investment trend. This will also affect the market sentiment.