Share Market Recap: Weekly Stock Market Update, Continuous Challenges Ahead

29 Oct, 2023 Author: Ayushee Joshi

Share Market News: The domestic stock market has suffered a loss during the previous two weeks. With the exception of a few days, the market has lost money practically every day over the previous two weeks. The market had fallen by more than 3% in the seven days leading up to Friday. While the Sensex fell 3.18 percent, the Nifty fell 3.17 percent. During the week, the market experienced significant declines.

Share Market Predictions Next Week

Many factors will combine to determine market action in the next week. During the following week, seven initial public offerings (IPOs) will be launched on the market. If Israel initiates ground operations against Hamas in Gaza, there is a possibility that the war could further expand. Additionally, global markets are also under pressure. Overall, there is a chance that the market will be under pressure even into the new week. Many factors will combine to determine market action in the next week. While talking about the previous week, FPI selling, disappointing second-quarter earnings, a record jump in bond rates in America, and the Israel-Hamas war have all placed pressure on the market in recent days.