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Market move● Neutral for Indian equities
Ahead of Market: 10 things that will decide stock market action on Monday
The brief
- Sensex and Nifty closed higher Friday at 73,896 and 23,140.50, respectively
- The market rebound affects broad Indian equity exposure, while the report cites factors shaping Monday’s trading
- Bulls out of steam, it’s slow & steady on D-Street
- IPO Calendar: 20 new issues to open for subscription in busiest week of the year
- FIIs sell ₹11,490 crore in 5 days as Nifty ends 7th straight week lower
- India eases foreign investor access to commodity derivatives, widens scope of portfolio managers
- FIIs offload ₹5,027 crore worth of shares as Nifty hits five-month low