00:00Before the mega-event like Budget, there is volatility in the share market.
00:07You can see the rise and fall in the market in the Budget week starting from 27th January, Monday.
00:13This week is going to be eventful for the market as well as a long week.
00:18Because the market will be open on Budget Day, 1st February, Saturday.
00:23Fed Meet is also going to be held this week.
00:25Before the events like Budget and Fed Meet, you can see the rise and fall of bulls and bears in the share market.
00:31There are some factors that can impact the market this week.
00:35So let's tell you everything about them in detail in this video.
00:39Weak Corporate Earnings
00:41The FII failed to stop the bull market.
00:43And the market is in an oversold zone after a continuous fall.
00:47And despite getting good signals from the global market, it was unable to jump into the market.
00:52The FII bought more than Rs. 22,000 crores from the cash market last week.
00:57And if we talk about this week, there are 8 factors that will be very important for the market.
01:03The first factor is the mega-event of Budget this week.
01:07During the Budget week, the biggest things to see in the share market will be the Central Budget and the policy and announcements of that day.
01:15There will be a special trading session for the response of the market on the Budget.
01:20On Budget Day, there will be some changes in the Income Tax Slab.
01:24And in the Budget, there will be a rise in the amount of capital.
01:29The second factor is the Corporate Earnings Season.
01:31The earnings of the third quarter of the financial year 2024 were largely in line with expectations.
01:36But the management's comments were not encouraging.
01:39Which affected the market trade even more.
01:42This week, Tata Steel, Bajaj Auto, Maruti, Tata Motors, ONGC and IndusInd Bank, along with several major companies, will issue their earnings.
01:51The third important event is the Fed Meeting.
01:53The US Federal Reserve's rate-setting panel will hold its first meeting on January 28 and 29, 2025.
02:01In which, the Central Bank hopes to keep the interest rates the same after deducting 25 base points in the December meeting.
02:10Analysts say that Trump's arrival at the World Economic Forum in Davos has created uncertainty.
02:17And the next meeting of the Fed could be held in June.
02:21The fourth is new policy and other announcements in the US.
02:24New US President Donald Trump's announcements of new policies and schemes will keep traders busy this week.
02:31Trump's economic policies can affect the share market.
02:36The fifth reason is the FII's bribery.
02:39The share market is constantly bribing the FII.
02:42Currently, the FII is spoiling the game of the market.
02:45In this month, the FII has withdrawn Rs. 67,000 crores from Dalal Street.
02:51The FII has created an aggressive short position in the index futures on the derivatives market.
02:57In which, there is a short of 3 lakh contracts and an 80% net short position.
03:02Experts say that this is likely to create an opportunity for a short covering rally.
03:07Which can create a stir in the market.
03:10The sixth factor is Macro data.
03:12During the week, ECB interest rates, US Wholesale Data, India's main area production, Economic Survey,
03:19American Personal Consumption, Expenditure figures will be monitored.
03:24The seventh factor is technical chart.
03:26Nifty has consolidated within the range of 22,950 to 23,450 from the last 10 trading sessions on the daily chart.
03:35Nifty is currently below the short-term and long-term moving average.
03:39For Nifty, the breakdown below 22,980 can increase the current selling pressure.
03:44And the next support zone in Nifty will be around 22,550 to 22,600.
03:49If Nifty increases opposite to this, then a closing Nifty above 23,460 can take it to 23,800.
03:57And can trigger a pullback rally.
04:00Bond Yield, Rupee and Raw Oil.
04:02It is important to keep an eye on the US Bond Yield and Dollar Index.
04:06Signs of a reversal in these two sectors can bring positivity to the global market.
04:11In January, after reaching the lower level of the 9th month of US business activity,
04:16there has been a decline in the US yield.
04:18However, the firms have said that they have brought a fast recovery.
04:22Benchmark US Year Yield on Friday, i.e. January 24, fell by 1.8 basis points to 4.61%.
04:30Last week, there was a 2.8% decline in Brent Raw Oil prices.
04:35Which was a continuous 4-week decline.
04:38So these are some important factors that can change the market mood this week.
04:43And the biggest event is the budget.
04:46The Union Budget is being presented on February 1.
04:48It will be interesting to see how the Indian share market performs along with the global share market.
04:55What is your opinion on this?
04:58Keep watching GoodReturns for such updates.
05:01Don't forget to like and subscribe to our channel.
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