Geopolitical developments, crude oil prices major drivers for market movement: Analysts
India, Aug. 24 -- Crude oil prices and developments in the US-Iran conflict will remain the primary factors influencing stock market movements this week, according to analysts.
"Investors will closely monitor the Jackson Hole symposium, particularly comments from the US Federal Reserve Chairman, for indications on the future trajectory of interest rates. US GDP estimates, durable goods orders and consumer confidence will also provide important clues on the strength of the US economy and the Fed's policy outlook," Ajit Mishra - SVP, Research, Religare Broking Ltd, said.
On the domestic front, investors will track rupee movement, foreign institutional flows and domestic liquidity conditions, he added.
"Global markets head into the coming...
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