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GDP data, crude oil prices key factors to drive markets this week: Analysts

Analysts said that macroeconomic data, auto sales, and foreign investor trading activity will influence future market movement

GDP data, crude oil prices key factors to drive markets this week: Analysts

Indian equities are expected to be influenced by a variety of factors this week, including domestic and global economic data, crude oil prices, and institutional flows. On Friday, August 28, the BSE Sensex and NSE Nifty50 ended higher, ending a two-day losing streak. Market breadth was positive, with more stocks advancing than declining. Analysts noted that the Nifty 50 was in a consolidation phase, with resistance at higher levels.

Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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