What will guide Dalal Street this week? GDP data, crude and more in focus
This week promises significant economic developments on Dalal Street with a flurry of data to analyze. India’s Q1 FY27 GDP stats are anticipated on August 31, giving insight into economic growth. The August PMI figures for the manufacturing and services sectors will be closely watched as well. Furthermore, the US non-farm payrolls, released on September 4, is likely to steer expectations…
Dalal Street is preparing for an eventful week, with India's GDP growth data and key US economic indicators expected to shape market sentiment. The Q1 FY27 GDP figures are due on August 31, which will provide crucial insights into the pace of domestic economic growth amid higher energy prices and the unresolved Middle East conflict.
Investors will also monitor the US August non-farm payrolls report, scheduled for September 4, as it could significantly influence expectations around the Federal Reserve's September policy decision, the US dollar, Treasury yields, and emerging-market fund flows. The market entered the new week after both benchmark indices, the Sensex and Nifty, closed lower in the previous week.
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