Indian equities ended higher last week, led by Nifty Metal and Auto. Nifty rose 1.29%, Sensex 1.13%, while Nifty IT fell 1.55%
Mumbai
The coming week will be crucial for Indian stock markets, with retail inflation data, US tariff exemptions, foreign investor flows, and global economic signals set to guide direction. On September 12, the government will release retail inflation numbers, after July’s reading of 1.55%, giving insights into price trends and demand conditions.
Internationally, markets will watch the impact of US President Donald Trump’s order granting tariff exemptions on key materials like nickel, gold, pharmaceuticals, and chemicals, effective Monday. US inflation and jobless claims data are also due, likely influencing global sentiment.
Last week, Indian equities closed higher. The Nifty rose 314.15 points (1.29%) to 24,741, while the Sensex advanced 901.11 points (1.13%) to 80,710.76. Sectoral indices such as Nifty Metal (up 5.75%), Nifty Auto (up 5.45%), Nifty Consumption (up 2.58%), and Nifty Commodity (up 2.52%) led the gains. The only laggard was Nifty IT, slipping 1.55%.
Foreign Institutional Investors (FIIs) remained net sellers, offloading equities worth ₹5,666.90 crore, while Domestic Institutional Investors (DIIs) provided strong support, buying ₹13,444.09 crore worth of shares.
Analysts remain cautiously optimistic. Sudeep Shah of SBI Securities said Nifty showed volatility last week but closed bullish. He placed resistance between 24,950–25,000 and support at 24,550–24,500. Ajit Mishra of Religare Broking noted that the index rebounded from 24,400 but remains in a triangle pattern. According to him, a breakout above 25,000 could spark fresh momentum, potentially lifting the Nifty toward 25,250 and later 25,400.
Overall, domestic inflation figures, FII trends, and global cues will determine whether the bullish sentiment continues next week.
