Geopolitics, Oil Prices to Steer Global Stock Market This Week

New Delhi, The global stock market will be closely watching geopolitical developments and crude oil prices in the holiday-shortened week ahead, analysts said.

Ajit Mishra, SVP - Research at Religare Broking, stated that US-Iran diplomatic talks and crude oil prices will drive global market sentiment.

The market is likely to remain cautious due to its sensitivity to crude oil prices, geopolitical developments, and global bond yields, experts said.

On the domestic front, industrial production data for August and HSBC manufacturing PMI reading will be released during the week, which may provide cues on domestic momentum.