By Admin 
Last week, there was heavy pressure on the stock market. Sensex recorded 2.66% and NIFTY 2.65%. The announcement of heavy selling of foreign investors and the US increase the tariff on pharma products hurt the sentiments of investors. On Friday alone, FIIS sold shares of over ₹ 5,600 crore, which further dropped the market. Now the eye is on the next week, where many major developments will decide the direction of the market. The most important is the meeting of RBI’s Monetary Policy Committee (MPC) starting on September 29. On October 1, Governor Sanjay Malhotra will pronounce the decision at the press conference. If interest rates are cut, then a positive environment is expected to be created in the market. Apart from this, US-India trade talks, policy changes on pharma sector, and money and gold moves can also affect the market direction. Another major movement will be seen in the primary market – a total of 20 iPos are opening next week, out of which 4 are connected to the mainboard and the rest of the SME platform. Also, the listing of 26 companies is also fixed, which may increase the interest of investors. Overall, the next week is highly active and decisive for the market.