Indian equity indices Nifty and Sensex reached near-lifetime highs during an eight-week rally.
Indian equity indices experienced an eight-week rally, with Nifty closing at 24,834.85 and Sensex at a near-lifetime high. Market outlook for the next week will be influenced by factors including India Infrastructure Output (YoY) (Jun), HSBC India Manufacturing PMI (Jul), Q1 results of top Indian companies, and FII and DII activities. Global events, like the Federal Open Market Committee (FOMC) meeting and the Bank of Japan's interest rate decision, will also impact the market.
July 28, 2024
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