Stock Market Outlook: Monsoon thunder, FII money shine, these 5 things will decide the movement of the market

There was a boom in the stock market on last Friday, both Nifty and Sensex closed at record high levels. Now the movement of the market next week will depend on these 5 factors. Let's understand...

Last week was great for the Indian stock market. On Friday i.e. June 16, both Nifty and Sensex remained at record high. This growth of the stock market can continue this week as well. In the coming week, market investors are also expected to get good profits, although these 5 big factors will work in deciding the movement of the market.

Prime Minister Narendra Modi is going to visit America next week. This visit of the Prime Minister is going to be important, during which many important issues can be discussed between the two countries. Apart from this, many other factors can affect the market.

Monsoon and FII will all decide the movement of the market

These 5 reasons are important to affect the stock market next week. Let's take a look…

1. PM Modi will be in America from 21 to 24 June. During this, there can be a discussion about shifting most of America's business out of China. PM Modi will address the joint session of the American Congress here, as well as meet the e-business leader. If a big business deal is agreed upon, then its effect will be seen in the market.

2. Monsoon has arrived late in the country this year, but it is expected to reach across the country by next week. By then the effect of Biparjoy cyclone will also reduce. This can make a difference to the market sentiment. The reason for keeping an eye on the monsoon in India is the dependence of agriculture on it and its impact on inflation.

3. India imports about 80 percent of its crude oil requirement. In such a situation, the effect of crude oil prices in the international market falls on the market sentiment. Last week also saw a rise in the prices of Brent crude oil and West Texas Intermediate crude oil. Its prices increased up to 2.4 percent.

4. Foreign Portfolio Investors (FII) and Domestic Institutional Investors (DII) have invested heavily in the stock market recently. 6644 crores by FII and Rs. 1320 crores by DII. This trend can be seen in the coming week also. The reason for this can be seen in the stock market of the country.

5. Apart from all this, the domestic market can also be affected by the signals of the global markets. Economic data of many countries are to come next week. At the same time, Jerome Powell, chairman of the Federal Reserve, is about to make an important statement in the US Parliament. Its effect can be seen on the stock market of India.