Holiday-shortened Week Ahead: FII fund flows, global cues set to take centre stage on Dalal Street as investors await GDP data

Share Market This Week (February24-28): With domestic financial results now out of the way, investors will keenly watch out for institutional fund flow data besides macroeconomic data from major economies. Headlines related to an imminent global trade war-like situation will also be tracked closely, following US President Donald Trump’s move to impose a variety of new tariffs in his second term in office.

The Trump 1.0 administration slapped a range of tariffs on multitudes of of products, leading to one of the largest tax hikes in decades.

How Nifty 50 & Sensex Fared in the February 17-21 Trading Week

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Last week, the Senesx shed 628.2 points, or 0.8 per cent, while the Nifty gave up 133.4 points, or 0.6 per cent, as selling pressure in auto, healthcare, FMCG and IT shares offset buying interest in energy, metal and PSU stocks.

Sustained foreign institutional investor (FII) outflows and jitters from global tariff war-related concerns kept investors on their toes globally.

FII & DII Fund Flows In Focus

Barring occasional buying, foreign institutional investors have continued to be on a selling spree on Dalal Street. In February so far, they have net offloaded shares to the tune of Rs 36,977 crore while domestic institutional investors have made net purchases amounting to Rs 42,601 crore, provisional exchange data shows.

At the current juncture, the headline Nifty 50 index is almost 3,500 points—more than 13 per cent—off its all-time high of Septemner last year.

DOMESTIC CUES

There’s no major macroeconomic data lined up during the trading week.

All eyes will be on an official quarterly GDP reading due at 5:30 pm on Friday.

Separate data on the domestic infrastructure output—captured in the form of activity recorded in eight core sectors—is due at the same time.

GLOBAL CUES

A number of central bank officials are due to speak during the course of the week.

Here are a number of events and data points worth tracking:

• Monday: Eurozone inflation data
• Tuesday: Hong Kong trade data, Germany GDP data
• Wednesday: US crude oil stockpiles data, Hong Kong GDP data
• Thursday: Eurozone consumer confidence data, US GDP & jobless claims data
• Friday: Japan inflation data, France GDP & inflation data, Germany inflation data

Dalal Street Mahashivratri Holiday

The Indian financial markets will remain shut on Wednesday for Mahashivratri.

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