The stock market may see a decline this week. The market will keep an eye on FOMC meeting, corporate earnings, FII-DII flow. Factors that will decide the market movement this week… Corporate Earnings This week, more than 285 companies will release their March 2025 quarter i.e. fourth quarter (Q4FY25-January-March) results. Results of big companies like Coal India, Larsen & Toubro, Mahindra & Mahindra, Titan Company, Asian Paints, Hindustan Petroleum Corporation, Godrej Consumer Products, Dabur India, One 97 Communications Paytm and Swiggy will also come. Apart from the updates of the global trade deal at the FOMC meeting global level, the market will focus on the Federal Reserve’s interest rate decision coming on May 7. Economists believe that there will be no rate cut in the next two meetings. Apart from this, investors will also keep an eye on the speech of Federal Reserve Bank Chairman Jerome Powell regarding inflation and growth forecast. The US economy has seen a decline of 0.3% in the first quarter of 2025. At the same time, there was a growth of 2.4% in the last quarter of 2024. Bank of England The Bank of England will also hold its policy meeting on May 8 next week. According to economists, the central bank is expected to cut the interest rate by 25 basis points to 4.25%. In March, Britain’s inflation was at 2.6%, above the bank’s target of 2%. Global economic data Apart from this, the market will keep an eye on many key economic data including services PMI data of many countries. The market will also focus on America’s weekly jobs data, Europe’s monthly PPI and retail sales, Bank of Japan’s monetary policy minutes and China’s inflation and PPI data. Domestic economic data Domestically, the fiscal deficit for March will be released on May 5. After that, HSBC Services PMI data for April will be released on May 6. According to estimates, Services PMI rose to 59.1 in April, while it was 58.5 in the previous month. Apart from this, the data of bank loan and deposit growth for the fortnight (last 15 days) ending on 25 April will come on 9 May. At the same time, the data of foreign exchange reserve for the week ending on 2 May will also be released on 9 May. FII-DII flow The market will also keep an eye on the activities of Foreign Institutional Investors (FIIs). FIIs have made purchases worth Rs 42,882 crore in the cash segment in the last three weeks. Due to this, FIIs have become net buyers with purchases of Rs 2,735 crore in April. FIIs bought shares worth Rs 7,680 crore last week, which includes purchases of Rs 2,770 crore on 2 May. Meanwhile, domestic institutional investors (DIIs) have bought shares worth Rs 28,228 crore in April and Rs 3,290 crore on May 2 despite intermittent profit booking. Initial Public Offering (IPO) The primary market will remain active in the coming week as well, with two SME segment IPOs – Manoj Jewelers and Shreeji DLM – opening on May 5. The IPOs of Kenrick Industries and Wagons Learning will close on May 6. Shares of Eyewear Supplychain Services, Arunaya Organics, Kenrick Industries and Wagons Learning will be listed on the stock exchanges next week. Meanwhile, no new IPO will be launched in the mainboard segment. Ather Energy will be listed on BSE and NSE on May 6. Last week, the Sensex rose 1,190 points Last week, the Sensex rose 1,190 points or 1.50%. Nifty also rose 229 (0.95%) last week. The stock market was bullish on the last trading day of the week, i.e. Friday, May 2. The Sensex rose 260 points and closed at 80,502. The Nifty also rose by 12 points and closed at 24,347.
