West Asia Conflict, Oil Prices, and US Inflation Data Set to Drive Stock Market Next Week

Global market trends and Federal Reserve policy will play crucial roles in shaping the stock market next week, according to analysts.

The upcoming US inflation data is expected to be a key driver, with its impact on Federal Reserve policy and global market sentiment.

Renewed tensions between the US and Iran have led to a surge in crude oil prices, which could continue to affect the market.

Ajit Mishra of Religare Broking Ltd noted that developments around the Strait of Hormuz will remain critical due to their implications for India's inflation, external balance, and corporate profitability.

Brent crude gained over 8% during the week, while WTI crude rose more than 9%, as geopolitical tensions increased in global energy markets.