Crude Oil Prices and FII Flows to Dictate Indian Markets' Next Move
Indian stock markets are bracing for a crucial week as investors track key economic indicators and global events.
The Sensex gained 315.20 points, or 0.43 per cent, to close at 73,895.74 on Friday, while the Nifty advanced 77.40 points, or 0.34 per cent, to finish at 23,140.50.
Brent crude prices remain a concern for investors, hovering above USD 100 a barrel and threatening to increase inflation, raise import costs, and squeeze corporate margins.
Geopolitical tensions in the Middle East, particularly between the US and Iran, will be closely watched as they could impact energy markets and global investment flows.