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The Economic Times
The Economic Times
Kumar Gaurav

GDP data, crude prices among 7 factors likely to steer D-Street this week

Indian equities are likely to remain guided by a mix of domestic growth data, global market cues, crude oil prices and institutional flows this week, with investors tracking India’s first-quarter GDP data and the US non-farm payrolls report for fresh direction.

On Friday, August 28, benchmark indices, the BSE Sensex and NSE Nifty50, ended higher, snapping a two-session losing streak. The Nifty50 closed at 24,178, up 85 points, or 0.35%, while the Sensex settled at 77,264 , gaining 331 points, or 0.43%. Market breadth was positive, with 1,918 stocks advancing on the NSE against 1,561 declines, while 124 stocks remained unchanged.

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