New Delhi: The Indian stock market is expected to witness volatility due to the domestic macroeconomic data, monthly F&O expiry and global trade tensions following US President Donald Trump’s tariff hike after the Supreme Court verdict, analysts said.
The market players will closely follow the trading activities of foreign institutional investors and US and Iran tensions, crude oil prices prices and global monetary signals, the experts said.
“Markets are likely to remain volatile in the coming week, particularly with the monthly F&O expiry scheduled for February 24. On the domestic front, key data releases include GDP figures, government budget value, foreign exchange reserves, and infrastructure output (YoY),” Ajit Mishra, SVP, Research, Religare Broking Ltd, said.
The expert said the market players will study analyse the implications of the new executive order by Trump which may influence trade dynamics, tariff structures, and global risk sentiment following the US Supreme Court verdict on tariffs.
Vinod Nair, Head of Research, Geojit Investments, was also of the view that the market investors would keep a watch on the US-Iran tensions, crude oil price, and global monetary signals. Notably, India is set to release its GDP data this week which will be keenly watched for its implications.
On a weekly basis, the BSE Sensex gained 187.95 points, while the NSE Nifty appreciated by 100.15 points.
Silver, gold set for further gains
Amid renewed trade tensions following US President Donald Trump’s announcement to increase global tariffs and simmering geopolitical strains in the Middle East, analysts are of the that Silver and Gold may extend their gains this week as investors could seek safety in safe-haven.
The analysts said the market players engaged in the trading of Gold and Silver will keep a close watch on the economic indicators, including the US Producer Price Index (PPI), consumer confidence data, weekly initial jobless claims and the People’s Bank of China’s lending rate decision.
“Markets are awaiting the US producer price index (PPI), housing data, consumer confidence, regional Fed indicators, and the People’s Bank of China’s prime rate decision,” Choice Broking said.
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