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The Market Whisper: Your Weekly Stock Markets Rundown
November 18-22, 2024
thestock whisperers
November 16, 2024
November 18-22, 2024
🌏 Spotlight on G20 & IPO Frenzy: A Pivotal Week for Markets
With a muted September quarter earnings season behind us, the focus of investors shifts to the global economy. This week, key economic data and major events like the G20 Summit will steer the market's sentiment. The November flash purchasing managers indices (PMI) from India and other global economies are due for release, providing an early glimpse into manufacturing and services activity for the month.
Meanwhile, the primary market action heats up as NTPC Green Energy’s IPO opens, aiming to raise ₹10,000 crore. Also, expect the listing of Zinka Logistics Solution and results from Waaree Energies.
📅 Key Events This Week
Day | Event | Details |
|---|---|---|
Monday, Nov 18 | G20 Summit Begins | Global leaders gather in Rio de Janeiro; PM Modi to attend. |
Results: Waaree Energies | Waaree Energies to release its financial results. | |
Tuesday, Nov 19 | NTPC Green Energy IPO Opens | IPO worth ₹10,000 crore opens for subscription. |
US Building Permits Data | October permits data; September saw a sharper-than-expected drop. | |
Wednesday, Nov 20 | UPL Board Meeting | Discussion on a rights issue by a committee of UPL’s board. |
UK Inflation Data | October inflation figures are expected to rise after two-year lows in September. | |
Thursday, Nov 21 | IPO Listing: Zinka Logistics Solution | Shares debut on stock exchanges. |
US Jobless Claims & Existing Home Sales | The latest jobless claims and October home sales data are to be released. | |
Friday, Nov 22 | India Flash PMI Data | HSBC will release November flash PMIs for manufacturing and services. |
Global Flash PMIs | Updates from the Euro Area, UK, and US on manufacturing and services sector performance. |
📊 Market Sentiment and Observations
G20 Summit and US Leadership: As world leaders gather in Rio de Janeiro, the spotlight is on global trade and geopolitical stability, particularly amid rising trade barriers. This summit holds significant implications for India’s trade and economic outlook.
Green Energy Focus: With the NTPC Green Energy IPO in focus, India’s commitment to green energy continues to attract investment, positioning the country as a leader in renewable initiatives.
Economic Data and Inflation: Inflation data from the UK and building permits from the US could steer market sentiment this week, especially with the Fed’s rate decision still influencing investor behavior.
Navigating the Volatility 📈
Stay tuned for updates as the week unfolds, with global events and economic data shaping the market trajectory. Also, keep an eye on PMIs for fresh insights into the health of key sectors and the impact of global policy decisions.
Stay Focused and Keep Learning! 👓
😊Thank you for subscribing to our Weekly Stock Markets Rundown. Stay tuned for next Saturday.
Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered financial advice.
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