Indian stock markets face uncertainty due to upcoming CPI data and foreign fund movements.

Indian stock markets are expected to remain sensitive to corporate earnings, macroeconomic data like CPI and WPI inflation, and foreign fund outflows. Investors will closely watch India's CPI data for December, set for release on January 13, which will guide interest rate expectations and market sentiment. The ongoing corrective phase sees IT, FMCG, and pharma sectors as relatively resilient, while other sectors face pressure.

2 months ago
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