Crude Oil, Global Yields, FII Flows Key for Indian Stock Market Next Week
The Indian stock market, which ended lower for the seventh consecutive week, is expected to take cues from various factors next week. Crude oil prices are likely to remain a key trigger, with Brent crude hovering above $100 per barrel.
Concerns over inflationary pressures and higher import costs will continue to affect corporate margins if oil prices rise further. However, the recent easing in oil prices has provided some relief to investors.
Market participants will also closely monitor global bond yields, which are expected to be influenced by the US Federal Reserve's latest policy decision. Rising bond yields and a stronger US dollar could dampen risk appetite and trigger capital outflows from emerging markets, including India.