Key Market Cues to Watch This Week: FII Activity, India-US Trade Deal, and More
AI Summary1 min read
TL;DR
Indian markets face key influences this week: FII activity, India-US trade deal, and technical levels. Nifty may target 26,550 or retest 25,700, with USDINR volatility in 89.50-91.00 range.
Tags
Indian marketFII activityIndia-US trade dealNifty technical outlookUSDINR volatility
The Indian market is expected to be influenced by several key factors this week, including domestic data releases, the India-US trade deal, and technical outlook. The Nifty is expected to reclaim the 25,950 zone and potentially rise to 26,550, while failure to maintain support could lead to a retest of the previous swing low near 25,700. Currency volatility and mixed global cues are expected to impact the market, with a broad trading range of 89.50-91.00 on spot expected for the USDINR.
