Market Drivers Examined
The Indian stock market next week will be heavily influenced by factors like GST reforms, the outcome of the Putin-Trump meeting, and the US Fed rate cut.
These events will dictate market movements and impact investor sentiment. Understanding these drivers is key to navigating the week.
Trade Talks & Tariffs
The potential impact of the Trump-Putin meeting and its implications for tariff relief for India is significant. An ex-diplomat suggested that tariffs may be put in abeyance, potentially easing trade relations. The August 25 India-US trade talks are likely to be deferred.
Expert Stock Picks
Several experts have provided stock recommendations. Ganesh Dongre of Anand Rathi suggested buying three stocks, while Dharmesh Shah of ICICI Sec recommended buying Indian Hotel and PFC shares. Sumeet Bagadia also recommends three shares under ₹100, offering diverse investment options.
Regulatory Updates Matter
Clear regulatory directives, data visibility, and accurate billing are essential for the success of smart meter roll-out in the power sector, according to a CII poll. These factors play a crucial role in the sector's performance and affect investment strategies.
