Deciding Factors for Upcoming Week

The entire market for next week is highly dependent on two things for staying bullish.

1. FII Inflows

The constant and new additional flow from FII is the driving factor for Indian stock market since the last 3 weeks. FII has infused more than 1 lakh crore Rs. in the Indian economy in the NOV-DEC month till date. The overall withdrawal from the MARCH’20 of 65000 crore Rs. due to lockdown - has been reinstated in NOV’20 with the exact same amount. Also the recent inflow has caused NIFTY to go above the 13800 level.

If the flows remain constant then NIFTY can easily hit 14000 level in no time. If the outflows from FII triggers then we can see a rapid downfall in the market as the inflow run is constant from NOV 1st week (with a record of no single day of outflow from FII)

2. US Stimulus

The US stimulus is the most awaited factor that’s keeping the market momentum constant. There were days when there was no good news in the market but the stimulus package was the most driving factor. The entire world is under the pandemic effect and with second vaccine approval in the U.S. it is expected that the coronavirus would drive away from our lives very soon.

In such times the employment beneficiary number also increased to a record high of 885000. Hence with stimulus it is expected that new opportunities for investments are provided so that unemployed would seek employment and the entire world would once again get back on the tracks of development.

3. Antony Waste Handling Cell IPO

Antony waste handling cell IPO is set to get open on 21st DEC. The IPO aims to raise 300 Crore Rs. for expansion of the Pimpri project. In this time where the IPO are flying on their first day in market it is expected that this IPO will also fly high on its debut, but as known it all depends on the rate of subscription of the IPO.