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Share Market UPDATE: 6 factors that will influence trading THIS week

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Market closed lower last week

After heavy volatility, the stock market closed lower last week. The Sensex fell by 424 points and the Nifty by 117 points

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Investors are worried about the continuous decline

In such a situation, investors are worried about which way the market will turn this week. What factors will determine the state and direction of the market? Let's find out

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1- US GDP Data

On February 27, the US will release its Q4 2024 GDP figures. Not only the Indian market but also stock markets around the world will be watching this

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2- India's GDP Data

GDP growth figures for the December 2024 quarter will come on February 28. The market will be watching these

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3- Global Economic Data

The market will also react to January's inflation figures from the Eurozone, the ECB's Monetary Policy Meeting, and January's retail sales figures from Japan

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4- Foreign-Domestic Institutional Investors Data

This week, stock market will also be watching FII, DII activity. In week ended February 21, FIIs sold shares worth 7793 crore. At same time, DIIs bought shares worth 16582 crore

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5- Auto Sales Data

Two-wheeler, four-wheeler, tractor, commercial vehicle companies are going to release the sales data for the month of February. The market will also be watching their performance

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6- IPOs of Several Companies

Shares of Quality Power Electrical will be listed on February 24. Royalark Electrodes and Tejas Cargo from the SME category will be listed

IPOs to watch this week: Nukleus, Balaji Phosphates, and more

Gold prices surge before Shivratri: Check 24K rates on February 23

Saudi Arabia Gold Rate on Feb 22: Rate of 22k, 24k gold rises AGAIN!

Qatar Gold Rate on February 22: 22k 8 gm gold rate rises slightly