INSUBCONTINENT EXCLUSIVE:
The domestic institutional investors sold Rs 813.42-crore stocks in the past week.Macro-economic indicators such as inflation, factory
output as well as global crude oil prices will dictate the stock market trend next week, analysts said
A string of assembly elections, starting November 12, will also drive investor sentiments after range-bound movement the previous week.The
government will release Consumer Price Index (CPI) and Wholesale Price Index (WPI) data for October next week.Retail inflation for September
was at 3.77 per cent, up from 3.69 in August
of elections in Chhattisgarh on Monday, November 12
Madhya Pradesh, Rajasthan, Chhattisgarh, Telangana and Mizoram go to polls this month and the next to reconstitute their respective
bolster Prime Minister Narendra Modi's chances of winning next year's general election.Also, crude oil prices, which have eased recently,
Brent crude oil is currently hovering around $70 per barrel, compared to $86 in early October.India imports about 80 per cent of its crude
dollar would also be a key factor
0.41 per cent, to close at 35,158.55 on Friday.Similarly, the Nifty of the National Stock Exchange (NSE) advanced 32 points, or 0.30 per
cent, to settle at 10,585.20.The markets were shut on Thursday on the occasion of "Laxmi Pujan"
On Diwali the previous day, the BSE and the NSE conducted a special "Muhurat" trading between 5.30 p.m
crore in the week ended November 9.The domestic institutional investors sold Rs 813.42-crore stocks in the past week.The Nifty is expected
