Market Turbulence Ahead for Dalal Street

The US markets kicked off the week on a sour note, plunging into the red amidst growing uncertainties over tariffs. This downturn is anticipated to unsettle investors on Dalal Street as Indian markets prepare to open after a holiday.

Key Factors Influencing the Market: Beyond the immediate impact of US market trends, several other elements are poised to influence trading in the coming week. These include foreign fund activities, anticipations around the RBI's upcoming policy meeting, and the release of corporate quarterly results.

US Market Performance

Last Friday witnessed significant losses, with the Dow Jones dropping 1.7% and the Nasdaq falling 2.7%. The downward trend persisted into Monday, with early trades showing the Nasdaq down by an additional 1.8% and the Dow Jones by 0.3%.

Implications for Indian Markets: A continued slump in US indices could further dampen spirits among domestic investors, who are already bracing for the ripple effects of two consecutive days of declines in the US markets.