Fed Decision, Crude Oil to Drive Indian Stock Market Next Week

The Indian stock market is expected to be driven by several key factors next week, including the US Federal Reserve's policy decision and movements in crude oil prices. The Nifty, which ended Friday at 23,398.10, declined 79.70 points, or 0.34 per cent, while the Sensex closed at 74,781.76, down 120.83 points, or 0.16 per cent.

The market will remain closed on Monday for Ganesh Chaturthi, giving investors their first opportunity on Tuesday to react to movements in global markets and crude oil prices. The focus will then shift to the US Federal Reserve's interest rate decision and its latest economic projections, scheduled for Wednesday, September 16.

The Nifty touched a three-month low during the week as selling pressure persisted across the broader market. Sectoral performance remained mixed, with Nifty Realty emerging as the biggest laggard, while healthcare and pharmaceutical stocks were among the better-performing segments.