DelhiDesk The direction of the stock market next week will be influenced by the release of quarterly results of over 300 companies, global trends, and the business activities of Foreign Portfolio Investors (FPIs). The upcoming release of inflation data in India and the US will also be closely watched. The primary market will see the listing of shares of Mankind Pharma and the opening of the IPO of Nexus Select Trusts. Foreign Institutional Investors continued their buying spree last week, while domestic institutional investors sold shares. Oil prices declined for a third week in a row, which could benefit India’s import-dependent economy. Key global economic data points and corporate actions are also expected next week.
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Here is the news bullets sorted by DelhiBreakings.com team.
👉 Quarterly results of many companies to be released this week
👉 Global trends to decide direction of stock markets
👉 Business activities of Foreign Portfolio Investors under watch
👉 Shares of HDFC Bank and HDFC Limited saw a big drop on Friday
👉 More than 300 companies to announce quarterly results
👉 Inflation data based on Consumer Price Index for April to be released
👉 US CPI inflation data for April to be released
👉 Listing of shares of Mankind Pharma to happen on May 9
👉 IPO of Nexus Select Trusts to open this week
👉 Foreign Institutional Investors continued their buying spree
👉 Oil prices declined for a third week in a row
👉 Key global economic data points for next week
👉 Oracle Financial Services Software, Ramakrishna Forgings, Coforge, Laurus Labs, Indiamart Intermesh, Kewal Kiran Clothing, 360 One WAM, and Aptus Value Housing Finance India to trade ex-dividend next week
👉 Key corporate actions in the coming week.
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