Crude Oil Prices, US-Iran Tensions to Drive Sensex and Nifty This Week

The Indian stock market is expected to remain sensitive to global developments this week, with crude oil prices, US-Iran tensions, and Federal Reserve signals set to guide investor sentiment.

Brent crude holding above $90 per barrel remains a key concern for India, while geopolitical uncertainty around the Strait of Hormuz could keep markets volatile. The Federal Reserve's policy trajectory will be closely watched, particularly after Fed Chair Kevin Warsh's Jackson Hole address.

Ajit Mishra, SVP at Religare Broking Ltd, said investors will track the US GDP estimates, durable goods orders, and consumer confidence data for clues about the health of the world's largest economy and the Federal Reserve's policy outlook.