By Admin 
Stock market: Last week, there was a great performance in the stock market. However, this excellent performance of the market was behind the ceasefire between India and Pakistan, the consent on commercial talks between the US and China and the exchange of war printers between Ukraine-Russia. It is believed that it saw a positive impact on the market. In addition, the fall in crude oil prices and foreign investors helped in constant purchase and the Indian market to rise. In such a situation, the question is now arising that how is the market going to be a new business in the week starting on May 19?
1- Q3 released results
From May 19, the results of March quarter will start to release and more than seven hundred companies will announce their quarterly results. Among the companies whose quarterly results are to come, IndusInd Bank, ONGC, ITC, Sun Pharmaceuticals, JSW Steel, Power Grid Corporation of India, India Electronics, Hindalco Industries and Nifty 50 are.
2-Crude Oil Price
Crude oil is constantly being monitored. The reason for this is that the work price for importing countries like India is much better for its economy. Apart from this, it is expected to decrease further due to the end of trade tension between China and the US.
3- Global Economic Data
Globally, the economic data released globally is going to have a lot of impact on the market. The PMI data to be released by many countries will be monitored, as well as the economic figures of China and the inflation rate of Eurozone and Japan can also prove to be an important factor in deciding the market attitude.
4-trade agreement
President Trump said last week that he would announce new tariff rates after talks with America’s business partner countries in the coming weeks. Along with this, there has been a decrease in tension after the trade agreement between the US and China in Geneva between the US and China. Because of this, trust in investors has been born in the global market.
5-The attitude of investors
The attitude of foreign institutional investors will also play an important role in deciding the direction of the market. Talking about the previous week, FII bought shares of 15,925 crore value. Due to this, a total purchase of up to Rs 23,783 crore has been done in May. India’s GDP growth is above six per cent and it remains as the growing economy of the world. This factor will do a big job in wooing investors. Apart from this, the decrease in geopolitical stress also remains an important factor.
Also read: After Pakistan, India told Bangladesh, the Yunus government started shaking in front of Pakistan