GDP data, crude oil prices likely to drive stock markets in week ahead
Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead
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.
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