Stock Market Prediction Next Week (25- 29 July 2022)
Stock Market Prediction Next Week (25- 29 July 2022): Indian equity market indexes advanced for the week ended 22 July. The key indices, Sensex, and Nifty gained over 4 percent each during the week. The markets gained due to positive global cues, FIIs inflow, and the good progress in the monsoon.
In the coming week, markets will remain focused on Fed’s policy outcome, US GDP numbers, and quarterly earnings. The other key factors that are likely to impact the stock market prediction next week are given below
Stock Market Prediction Next Week (25-29 July 2022)
F&O Monthly Expiry: Nifty & Bank Nifty prediction
The monthly F&O expiry is scheduled for this week. Technically, the Nifty spot price could trade in the range of 17000 to 16350 during the week. You can buy near low and sell at high. The current Nifty trend for Monday is Positive with cautious bias.
Bank Nifty spot price trading range for the week is 37700 to 35800. You can buy near low and sell on the higher side. The current trend in Bank Nifty for Monday is Sideways.
You can also follow our daily Nifty and Bank Nifty futures, trends, trading strategies, and market updates on our Website or Telegram Channel – https://t.me/nifty50stocks1
Q1 FY23 Earnings
On Friday post market hours Reliance Industries reported its FY22-23 first quarterly results. The company reported a 41% jump in consolidated profit in the June quarter but missed street estimates on higher tax and lower than anticipated discounts on crude oil sourcing. ICICI Bank announced its Q1 results on Saturday, and its profit jumped 50% beating street estimates
Indian markets will first react to the quarterly results of RIL and ICICI Bank on Monday. The coming week would be the crucial one as there are 17 Nifty 50 companies that will announce their Q1FY22-23 quarterly results. The schedule is given below.
| Q1FY23 Result dates for Nifty50 Stocks | |
| 25 Jul 2022 | Axis Bank |
| 25 Jul 2022 | Tata Steel |
| 26 Jul 2022 | Asian Paints |
| 26 Jul 2022 | Bajaj Auto |
| 26 Jul 2022 | LT |
| 27 Jul 2022 | Bajaj Finance |
| 27 Jul 2022 | Maruti |
| 27 Jul 2022 | Tata Motors |
| 28 Jul 2022 | Bajaj Finserve |
| 28 Jul 2022 | Dr. Reddy |
| 28 Jul 2022 | Nestle |
| 28 Jul 2022 | SBI Life |
| 28 Jul 2022 | Shree Cement |
| 29 Jul 2022 | Cipla |
| 29 Jul 2022 | HDFC |
| 29 Jul 2022 | NTPC |
| 29 Jul 2022 | Sun Pharma |
Global Stock Market Prediction Next Week
The major global stock markets were closed higher for the week ended 22 July. The coming week will be the important one as the Fed interest rate decision is due on Tuesday. Earlier investors were assuming for 100 basis points rate hike after the record high inflation data was released. Later ease in commodity prices and support from two Fed officials for a 75 basis points hike relieved investors from aggressive rate hike fear.
Other than Fed’s policy outcome, US GDP for the 2nd quarter, China’s Covid crisis will remain focused and make the market volatile during the week. Below are some important macroeconomic data that are set to release next week.
| Important Global Macro Data Next Week | ||
| 26 July 2022 | BoJ monetary policy minutes | Japan |
| 26 July 2022 | New Home Sales June | US |
| 27-July -2022 | Industrial Profit June | China |
| 27-July -2022 | Retail & Wholesale Inventories | US |
| 27-July -2022 | Fed Interest Rate Decision | US |
| 28-July -2022 | GDP Rate for Q2 | US |
| 28-July -2022 | Jobless Claim | US |
| 29-July -2022 | Unemployment Rate | Japan |
| 29-July -2022 | Tokyo CPI July | Japan |
| 29-July -2022 | Retail Sales June | Japan |
| 29-July -2022 | Industrial Production June | Japan |
| 29-July -2022 | Consumer Confidence | Japan |
| 29-July -2022 | BOE Consumer Credit | GB |
| 29-July -2022 | Personal Income & Spending | US |
| 29-July -2022 | Michigan Consumer Sentiment July | US |
Subscribe to AMAZON PRIME FREE for 30 days here
Crude Oil Price
On Friday crude oil prices closed marginally lower, and the Brent crude oil closed around $103 per barrel. On a weekly basis, the crude oil price was almost steady, snapped 5-week losing steak, and gained around 2% during the week.
The crude oil prices are almost steady after the recent sharp fall, as the US data showed that the gasoline demand had dropped nearly 8% from a year earlier in the midst of the peak summer driving season, hit by record prices at the pump and on recession fear. The crude may remain volatile in the coming week after the US Fed policy outcome, traders need to remain cautious on this front.
Weakness in Indian Rupee
The Indian rupee is depreciating against the US dollar since the start of 2022 and hit a new fresh low during the week ended 22 July. The weak currency has disheartened importers while exporters gained due to the depreciation in the rupee. Weakness in the Indian rupee widens the trade deficits as India imports more than exports. According to the experts, further depreciation of the Indian rupee is on the card, investors should temporarily avoid import-oriented companies.
FII & DIIs flow
One of the main reasons that Indian equity markets gained last week was, that the FIIs turned into net buyers after a long gap. Both the Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) were net buyers in the Indian equity cash segments. FIIs bought Rs 4037.29 crore in the equity cash segment for the week while DIIs bought only Rs 940.47 crore for the week ended 22 July.
Since the last week of June, FIIs have reduced the aggressiveness of selling and have been buying occasionally in small quantities. It could be globally the risk sentiment is now turning around, as central banks are expected to go slow on rate hikes, after easing commodity prices and the possibility of less inflationary pressure. The FIIs who were sitting on cash piles are now coming back.
On the other hand, DIIs who have been supporting the markets from the sharp fall is now looking for profit booking. So traders need to closely watch out for institutional activity to know the market direction.
If you like the post “Stock Market Prediction Next Week (25-29 July 2022)” please share it with the others.
You may also like to read, Nifty and Bank Nifty Prediction for Monday 25 July 2022
Stock Market Weekly Recap – Top Gainers & Losers
Happy Investing!!
Editor’s Desk
