Share Market Update: The Indian stock market is expected to remain volatile in the coming weeks. Many national and global issues can affect the market. Investors will be keeping a close eye on early December quarter earnings, key inflation data and uncertainty around US trade policy. Benchmark indices closed weaker last week, making it five consecutive trading session losses. Investors remained cautious ahead of corporate quarterly results. Continued selling by foreign investors kept the market under pressure.
Investors will now be watching next week to see how companies perform in the December quarter and whether financial data provides any relief to the market. December Quarter Results Major IT companies such as Tata Consultancy Services, HCL Technologies, Infosys, Wipro and Tech Mahindra will start announcing their third quarter results.
The coming week will also be important in terms of economic data. During this period, data on retail inflation, wholesale inflation, trade deficit and foreign exchange reserves will be released in India. All these data will help in understanding the economic situation of the country and will shape expectations regarding interest rates and government’s monetary policies. Investors will keep a close eye on global developments, particularly those to US trade policy.
The US Supreme Court is set to hear and rule on several important cases, including one challenging global tariffs imposed by President Donald Trump. If there is a clear verdict or a surprise verdict in this case, it can have an impact on the stock markets around the world, which is likely to impact the Indian market as well.
Immediate resistance for Nifty is at 25,800. After this, pressure may continue at 25,940 and 26,000 levels. Negative support can be found at 25,600 and 25,450. If the market falls below 25,300, the decline may extend. On the daily, Nifty closed below the crucial level of 25,800. Selling pressure has increased in the Indian stock market and is currently showing a bearish trend.
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