Stock investors will track global market trends, inflation data and trading activities of foreign investors this week for further clues, analysts said.
Additionally, the developments related to monsoon progress and trade consultations will also be monitored by investors, experts said.
“Today, market participants will focus on important macroeconomic data for further cues. High frequency indicators such as CPI inflation will be closely tracked to measure demand trends and the next steps of the central bank.
On a global basis, the development of US bond yield trade negotiations and movements will continue to affect investors’ sentiment, he added.
Benchmark IndexSense and Nifty surged on Friday. This was driven by a rallies in the rate-sensitive sector following the 50 basis points of reserve bank jumbo rate reduction.
30 shares BSE Sensex increased 746.95 points (0.92%) to settle at 82,188.99.
The 50 shares NSE NIFTY recovered 25,000 levels and climbed 252.15 points (1.02%) to settle at 25,003.05.
“The Indian market is hoping to witness a gradual up-move driven by RBI cuts in higher expected rates and a positive sentiment supported by positive sentiment following optimism surrounding potential US-India trade deals with both sides to finalise the first phase of the proposed transaction.”
“On the other hand, global headwinds, including US tariffs and unexpected changes in ongoing geopolitical tensions, could induce volatility,” he said.
Last week, the BSE benchmark jumped 737.98 points (0.90%), while Nifty jumped 252.35 points (1%).
Vinod Nair, head of research at Geojit Investments Ltd, said aggressive RBI rate reductions, supported by cooling inflation and stable GDP outlook, are likely to support investors’ trust amid ongoing global uncertainty.
Foreign institutional investors (FII) purchased 1,009.71 crore worth of shares on Friday, according to Exchange data.
Released on June 8, 2025
