Mumbai, September 13 (Daily Kiran) : The upcoming week is poised to be significant for the Indian stock market. Key influences will stem from the US Federal Reserve meeting, oil prices, and domestic economic indicators.
Scheduled for September 15-16, 2026, the Fed’s meeting comes at a time when inflation rates and bond yields are notably high. Investors are closely monitoring the Fed’s decisions, as these could have wide-reaching impacts.
Additionally, crude oil prices have surged above $100 per barrel, with benchmark Brent crude priced at $104.47 and WTI crude at $99.99.
Next week, several critical domestic figures will be released, including wholesale and retail inflation rates, import-export data, passenger vehicle statistics, unemployment rates, and foreign exchange reserves.
Due to Ganesh Chaturthi on Monday, the first trading session of the week will occur on Tuesday.
Last week, the market experienced a downturn, with the Sensex dropping 1,733.67 points or 2.27%, closing at 74,781.76. The Nifty also fell by 499.60 points or 2.09%, ending at 23,398.10.
Weakness was evident across large-cap, mid-cap, and small-cap stocks. The Nifty Midcap 100 index fell by 881.85 points or 1.40%, closing at 62,197.20, while the Nifty Smallcap 100 index decreased by 189.15 points or 0.94%, finishing at 19,906.30.
The largest declines were seen in the Nifty Realty (-6.54%), Nifty IT (-5.78%), Nifty Metal (-2.39%), Nifty Commodities (-2.29%), Nifty Oil and Gas (-2.24%), Nifty Services (-1.98%), Nifty PSU Bank (-1.94%), and Nifty FMCG (-1.83%).
In contrast, the Nifty Healthcare (0.51%), Nifty Pharma (0.21%), and Nifty India Defense (0.15%) indices closed with gains.
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