US-China will do business negotiations, stock market may see fluctuations
US-China will do business negotiations, stock market may see fluctuations
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The signals from the foreign market will determine the movement of the domestic stock market this week, especially on the progress towards resolving trade issues between the US and China. Apart from this, the trend towards investment of foreign portfolio investors and domestic institutional investors will also give direction to the market. With this, the direction of the market will also be determined by the price of crude oil in international market and the movement of rupee against dollar. In the international market, the price of crude oil went to a high of almost two months last week. Due to increase in the price of crude oil, the rupee may be weak, which can be seen on the stock market. At the end of last week, there was an improvement in indigenous currency.

Winter session of Parliament can start from Monday. During this time, investors will also keep an eye on political developments. Due to the confrontation between the US and China on business issues, there is a world of recession. Therefore, the progress towards resolving the conflict between the two big trading partners of the world can create a positive environment in the market.

In addition, the details of the meeting of the US Federal Bank Federal Reserve's Open Market Committee (FOMC) last month are going to be released on Thursday this week. The Fed cut interest rates last month to 1.5–1.75 per cent. With this, some major economic data released this week abroad may also have an impact on the market. In the US, the figures of US market manufacturing ring and service PMI may also be released on Friday at the end of this week. Earlier in Japan, the balance of trade data will be released on Wednesday and the consumer confidence data of the European Union will be released on Thursday.

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