Stock market might be headed for a cautious start, with GIFT Nifty signalling a positive opening after BSE Sensex and Nifty fell more than 1% in the last trading session. Global cues offer some support, as Asian shares rise following gains on Wall Street and strong early corporate earnings.
However, elevated crude oil prices, Middle East supply risks and continued pressure on banking stocks remain key concerns for investors. The rupee’s recent performance, foreign investor flows and developments around a possible US-India trade deal will also shape sentiment.
Bajaj Finance shares are likely to remain in focus after the lender reported strong quarterly profit growth. With oil prices hovering near $110 a barrel, investors will assess whether positive global cues can sustain a recovery in domestic equities.
(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
