Volatile Markets Ahead: Warsh Speech, US-Iran Tensions, and Crude Oil in Focus
Indian equities are expected to remain volatile next week due to several key factors that could influence investor sentiment. The market is awaiting the keynote speech by US Federal Reserve Chairman Kevin Warsh at the annual Jackson Hole Economic Policy Symposium in Wyoming on August 28.
The US-Iran conflict and its impact on global crude oil prices will also be closely watched. Rising US bond yields, persistent inflation concerns, and geopolitical uncertainty are expected to continue weighing on investor sentiment.
Despite a marginal gain on Friday, both the Sensex and Nifty posted weekly losses, with the Nifty declining around 0.47% during the week and the Sensex slipping nearly 0.60%.