Stock Markets Brace for Volatility Amid Key Economic Events This Week

Stock markets will likely experience volatility this week due to foreign investor activity and key global trends. Analysts also note the influence of Brent crude oil prices and monsoon progress on investor sentiment. Upcoming economic data, including US GDP, and budget-related developments will be closely watched.


PTI | New Delhi | Updated: 23-06-2024 14:03 IST | Created: 23-06-2024 14:03 IST
Stock Markets Brace for Volatility Amid Key Economic Events This Week
AI Generated Representative Image
  • Country:
  • India

This week, stock markets are set to face a potentially tumultuous period as foreign investor activity and global trends take center stage. Analysts indicate that the scheduled monthly derivatives expiry could contribute to market volatility.

Investor sentiment will also be shaped by the progress of the monsoon and Brent crude oil prices. According to Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, sector-specific movements are expected amid budget-related discussions.

Attention will also be on foreign and domestic institutional investor fund flows, as well as the release of US GDP data on June 27. Ajit Mishra, Senior Vice-President, Research at Religare Broking Ltd, says updates related to the budget and global market cues, especially from the US, will be pivotal.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback