US Fed meeting to Q1 results FY27, US-Iran war: Top five triggers that may dictate the Indian stock market this week
Geopolitical tensions and rising oil prices have unsettled investors, causing Indian equities to decline for five consecutive sessions. Both Nifty 50 and Sensex fell over 2.5%, marking the worst weekly performance in four months. Analysts suggest a 'Buy on Dips' strategy amidst ongoing volatility.
Total card spending, or billed business, climbed 9% year over year to $455.8 billion on a foreign exchange-adjusted basis. Quarterly revenue also rose 10% to $19.6 billion, reflecting healthy consumer activity
Benchmark Nifty 50 and the Sensex fell 0.4% each on Friday to close at 23,767.45 and 76,059.75, respectively. For the week, the Nifty lost 2.3% while Sensex declined 2.6%, their steepest fall since the week ended 15 May, when the benchmarks had shed 2.7%.
The cash-settled contract is aimed at enabling transparent, India-centric price discovery for the domestic natural gas market