Maharashtra, Sep 15 || Market outlook for next week will depend on factors like Fed rate cut, Japan inflation data and Foreign Institutional Investors (FIIs) activities, said analysts.
One of the most awaited events of the year is set to unfold this week with the US Federal Open Market Committee (FOMC) meeting, scheduled for September 18. It is almost certain that this will mark the beginning of an interest rate cut cycle in the US.
Japan's inflation data will come next week, followed by the Bank of Japan's (BoJ) monetary policy announcement. Any decision that indicates further monetary tightening in Japan could raise concerns about a potential unwinding of the Yen-carry trade, as interest rates in Japan and the US are moving in opposite directions. This could introduce fresh volatility to the global markets.
On the Domestic front, FII data, crude oil price movement and geopolitical landscape will influence market sentiments.
Santosh Meena, Head of Research of Swastika Investmart Ltd said, "On the technical charts, Nifty is currently trading at its all-time high, with 25,500 acting as an immediate resistance level."