India Stock Market Eyes Global Developments Amid US-Iran Tensions
The Indian stock market is expected to be sensitive to various global and domestic factors in the coming week. Market participants will closely monitor developments around the US-Iran conflict, crude oil prices, and US tariff moves.
Any progress in US-Iran negotiations could have implications for crude oil prices, global risk sentiment, and equity markets. Additionally, changes in energy prices may impact inflation and economic growth.
The US House of Representatives has approved a Russia sanctions bill that would empower President Donald Trump to impose tariffs of up to 100% on countries purchasing Russian oil and gas.
Crude oil prices are expected to remain another major market driver. Foreign institutional flows will also be closely watched, with FIIs and FPIs turning net buyers in the cash market on September 18, purchasing shares worth Rs 599.54 crore more than they sold.