RBI MPC meeting to Q1 results FY27, US-Iran war: Top five triggers that may dictate the Indian stock market this week
Indian stock market, Aug. 2 -- The Indian stock market witnessed a strong recovery during the week, ending their recent losing streak as softer crude oil prices, improving geopolitical developments, robust Q1 FY27 earnings, and fresh buying by foreign institutional investors (FIIs) boosted investor sentiment. The sharp decline in crude oil prices from recent highs eased concerns over imported inflation, pressure on corporate profit margins, and India's external account.
Supported by these positive factors, the benchmark indices rebounded sharply, recovering a significant portion of the losses recorded in the previous week. The Nifty climbed 2.59% to end at 24,383.60, while the Sensex rose 2.68% to close at 78,094.64, with both indices po...
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