Stock market prediction next week (28 March -1 April 2022)
Stock Market Prediction Next Week ( 28 March – 1 April 2022): Indian equity markets slightly declined for the week ended 25 March, breaking two weeks gaining streaks. The market sentiment was down due to the ongoing Russia-Ukraine crisis, the surge in crude oil and other commodity prices, hawkish comment from US Fed’s Chairman, and FIIs selling.
In the coming week, the domestic market will remain volatile due to monthly F&O expiry, geopolitical tension, and crude prices. The other factors that can influence the Indian markets in the next week are given below.
Stock Market Prediction Next Week (28 March – 1 April 2022)- The key factors to watch out
Russia- Ukraine War
In the coming week, investors should closely monitor the developments in the Russia-Ukraine war. Even after the completion of one month, the war is not ready to stop. Heavy fighting continued north of Kyiv, Ukrainian officials rejected a Russian demand that their forces in Mariupol to surrender.
Western countries, last week have agreed at several summits to provide more military troops, to support Ukraine and extend sanctions on Russian institutions, companies, and individuals. The US has agreed to supply the EU with additional natural gas with the aim of reducing dependence on Russia will be positive for the market. Investors need to closely monitor the development of the geopolitical tension in the coming week.
Auto Sales Number
Auto sales numbers for the month of March are expected on 1st April. Other than the chip shortage, the surge in crude oil and other commodity prices due to the Ukraine war is like to impact the auto industry. The sharp hike in crude oil prices has not been reflected yet in the domestic oil prices till the 3rd week of March, thanks to the assembly election. The entry levels segment, be it two-wheelers or entry-level cars are likely to hit due to the rise in crude oil, probably in the next month. Traders having any positions in auto stocks need to remain cautious.
Domestic macroeconomic data
Below are the macroeconomic data that will be released in the next week. The better-than-expected data will boost the market sentiments. Traders need to track the release of the below data as per scheduled.
| Economic Data Next Week | |
| 31 March 2022 | Government Budget Value |
| 31 March 2022 | Infrastructure output YoY Feb |
| 31 March 2022 | External Debt Q4 |
| 31 March 2022 | Current Account Q4 |
| 1st April 2022 | Balance of Trade |
| 1st April 2022 | Export and Import Prel March |
Global Stock Market Prediction Next Week
The global markets closely watching the development of the Russia -Ukraine crisis. Regarding the peace talk, Zelenskyy has again appealed to Russia to negotiate an end to the war, but says Ukraine would not agree to give up any of its territories for the sake of peace. The ongoing tension and uncertainty about the Ukraine war will continue to make pressure on the global markets.
Other than the geo-political tension, the volatility in crude oil prices, inflationary pressure, and the below macroeconomic data will dominate the global markets in the coming week.
| Important Global Macro Data Next Week | ||
| 29 March 22 | Unemployment rate FEB | Japan |
| 29 March 22 | BOJ Summary Opinion | Japan |
| 29 March 22 | BOE consumer credit | GB |
| 29 March 22 | Retain sales FEB | GB |
| 30 March 22 | GDP Growth rate final Q4 | US |
| 31 March 22 | Industrial Production Prel FEB | Japan |
| 31 March 22 | NBS PMI data MAR | China |
| 31 March 22 | Current account Q4 | GB |
| 31 March 22 | GDP Growth rate final Q4 | GB |
| 31 March 22 | Initial jobless claim | US |
| 1 April 22 | Thankan Manufg & Non Manufg Index | Japan |
| 1 April 22 | Jibun Bank Manufacturing PMI MAR | Japan |
| 1 April 22 | Caixin Manufacturing PMI MAR | China |
| 1 April 22 | S&P Global/CIPS Manufacturing PMI Mar | GB |
| 1 April 22 | Unemployment rate/Non-farm payroll Mar | US |
| 1 April 22 | S&P Global Manufacturing PMI Mar | US |
Crude Oil Price
The rebound of Brent crude oil prices from below $95 to $123 in the last week was negative for the markets. The May futures Brent crude oil prices fell below $120 on Friday, due to an increase in the margin rates and the possible release of crude oil from the reserves by the US and its allies. The investors were encouraged on Friday after the deal between the EU and US to increase gas exports and reduce the dependence on Russian energy. In the coming week, we may likely to see some correction in oil prices but it would remain volatile.
F&O Expiry for March-Nifty & Bank Nifty prediction
Technically, the Nifty spot price could trade in the range of 16800 to 17550. You can buy near low and sell at high. The current Nifty trend for Monday is mild negative.
Bank Nifty spot price trading range for the week is 34400 to 36700. You can buy near low and sell on the higher side. The current trend in Bank Nifty for Monday is mild negative.
You can also follow our daily Nifty and Bank Nifty futures, trends, trading strategies, and market updates.
Omicron Covid Virus & Risk
On Friday, India reported 1685 fresh covid cases and 83 death in the last 24 hours. The active cases declined further to 21,530. India has lifted all covid related restrictions which is positive for the economic growth and the markets.
Globally, the Covid BA2 virus is spreading in Europe, the US, and some Asian countries. The Covid BA2 is more severe for children as compared to other variants as per the Hong Kong study, but researchers found very less fatality or any serious outcomes. Traders need to keep updates and track covid related news that is spreading abroad.
Great Business Opportunity !!! become an Authorised Person ( Franchisee) of a top broking house, get the highest revenue sharing just by introducing clients, For more details contact us at – info@nifty50stocks.com
FII & DIIs flow
The Foreign Institutional Investors (FIIs) selling has declined. On a weekly basis, FIIs were the sellers, whereas DIIs continued their buying spree in the cash segment. FIIs sold Rs 5344.39 crore while DIIs bought Rs 2820.72 crore during the week ended 25 March.
Retail investors tracking institutional data fret when sustained selling pressure comes from especially Foreign Institutional investors. In fact, FIIs are continuously selling since October 21, and DIIs are buying and supporting the markets. Indian markets can see a sharp fall only if both are selling at the same time. If we analyze the last 15 days’ data, the FIIs selling pressure has declined in the Indian markets, hopefully, next week we may not see any heavy selling by the institutions
If you like the post “Stock market prediction next week – (28 March- 1 April 2022)” please share it with the others.
You may also like to read, Nifty and Bank Nifty Prediction for Monday, 28 March 2022
Top Gainers and Losers in NSE- Weekly Analysis
Happy Investing!!
Editor’s Desk
