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Inflation trend, US Fed rate decision to set course for equities
TIWN
TIWN
PHOTO : TIWN
Mumbai, Dec 11 (TIWN) Macro-economic domestic inflation data points coupled with FIIs' flow direction and the rate decision of the US Fed will determine the key equity indices' moves during the upcoming week.
Besides, investors will look out for other major factors like global oil prices along with progression of Covid-19's Omicron variant. Last week, both the key indices - S&P BSE Sensex and NSE Nifty50 - gained the most in eight weeks on a relief rally from the overwhelming fears about Omicron variant of the coronavirus.
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