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Share Market Weekly Outlook: Indian stock markets are facing huge fluctuations these days. Investors' eyes are fixed on two main things this week: Maharashtra assembly elections and global economic indicators. While the election results will have a political impact on the market, the attitude of foreign investors (FII) and global economic conditions will decide the direction of the market.

Impact of Maharashtra elections

The BSE and NSE markets will remain closed on November 20 due to elections in Maharashtra. Voting is being held for the 288-seat assembly and the results will be declared on November 23. Experts believe that the election results may affect the movement of the stock market, especially if any questions arise about political stability.

The role of global indicators

The biggest influence on the market direction will be from the US and other global markets.

 

US bond yield and dollar: Rising bond yield and strengthening dollar are proving to be challenging for Indian markets.
Oil and currency: Brent crude prices and rupee-dollar movement will directly impact investor sentiment in Indian markets.
Economic data: The US unemployment rate, Japan's inflation, and global PMI (manufacturing and service) data can play a decisive role in the market.

Foreign investors: Important for the market

FIIs have been selling continuously for the last one and a half months. Due to this, Indian markets have come down from their record highs.

  • Sensex and Nifty are down 9.76% and 10.44% respectively from their peaks.
  • Experts believe that FII activities will continue to impact market movement shortly.

Advice for investors

Long-term investors: Stick to companies with strong fundamentals.

Short-term traders: Focus on global indicators and FII trends.
Risk management: Diversify your portfolio and resort to hedging to handle volatility.

It is worth noting that this is a challenging time for the Indian stock market. The balance of local and global factors will decide the direction of the market. Be it the Maharashtra elections, FII activities, or global indicators, every aspect is in the eyes of investors.

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