Overall, the first week ahead of the new financial year FY25 is expected to be positive for the market with focus on auto sales data, manufacturing & services PMI numbers, RBI interest rate decision, and expectations for March FY24 quarter earnings, experts said.
The momentum of the IPO is expected to continue this year as well with bigger deals. Investors are eager to tap stock market ahead of general elections. Sentiment towards new-age companies has improved as well, said Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd