The Indian stock market remained range-bound last week, with Sensex losing around 500 points and Nifty falling 205 points to end in the red. Analysts now highlight four key factors that can influence Dalal Street’s action during the upcoming week, from August 17 (Monday) to August 21 (Friday).
On Friday, Sensex and Nifty recorded slight losses even as oil prices stabilised around $87 per barrel. Sensex fell around 71 points to close at 78,009, while Nifty 50 lost 30 points to end the session at 24,366. Broader markets slipped into the deep red, with the Nifty Smallcap 100 and Nifty Midcap 100 indices falling around 0.7% each.
