MUMBAI : Macro-economic data points along with the direction of foreign fund flows and US Fed's monetary policy are expected to influence the Indian equity market's trajectory next week, analysts opined. In terms of macro-data, investors will look forward to the release of industrial production, retail and wholesale inflation figures next week. These data points hold significance as the Reserve Bank in its last monetary policy kept lending rates intact thereby prioritising rising inflation over grim economic growth. Apart from macro-data economic data points, rupee's movement against the US dollar will influence investors' sentiments. According to Sajal Gupta, Head Forex and Rates, Edelweiss Securities, unlike last week the rupee might not exhibit any further strength.

Source: Mint December 08, 2019 03:56 UTC