Outlook: Stock markets may see a bounce back; IIP data key, says experts
Outlook: Stock Markets May See A Bounce Back; IIP Data Key, Says Experts. After witnessing huge losses recently, stock markets may see a bounce back going ahead and would take.
After witnessing huge losses recently, stock markets may see a bounce back going ahead and would take cues from IIP data slated to release later in the week, movement of rupee, overseas investors’ investment trend and global news, say experts.
“Considering last week’s close, this week would continue to keep participants on their toes. On domestic front, they will be eyeing IIP data scheduled on September 11. Though there’s no major planned event or data except IIP, investors are hoping for some positive surprise from the government and RBI, to help in stabilising the equity market.