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Home / Weekly Market Outlook: Key Triggers, GDP Data, US Cues, Rupee Pressure and AI Market Impact

Weekly Market Outlook: Key Triggers, GDP Data, US Cues, Rupee Pressure and AI Market Impact

2025-11-23  Niranjan Ghatule  
Weekly Market Outlook: Key Triggers, GDP Data, US Cues, Rupee Pressure and AI Market Impact

As a new trading week begins, investors are preparing for five continuous trading sessions with no market holidays ahead. With November nearing its end, the next scheduled holiday falls directly on December 25, ensuring uninterrupted market activity throughout the upcoming week.

Sunday’s first market update of the week focused on critical triggers that may influence the market trend over the next five sessions. Market participants are keenly observing global cues, domestic GDP numbers, U.S. macroeconomic data, currency movements, and sector-specific updates that could shape sentiment.

India’s market closed last week on a positive note despite sharp volatility. Even with fluctuations on Thursday and Friday, the Nifty managed to hold above the crucial 26,000 level. Although the index approached the all-time high of 26,277 during the week, it ended slightly below after touching 26,246 intraday. Analysts consider the ability to stay above 26,000 as a commendable sign, especially given the global uncertainties.

On Friday night, U.S. markets delivered a strong close, with the Dow Jones gaining around 1 percent and the Nasdaq reversing early losses to end nearly 1 percent higher. Nvidia, however, closed 1 percent lower. U.S. market turbulence has increased since Donald Trump returned to office, with unusual intraday swings occurring frequently. Gift Nifty also closed near 26,185, indicating positive early sentiment for the Indian market.

One of the biggest events this week will be the release of GDP data for both the United States and India. The U.S. quarterly GDP numbers will be announced on November 26. Markets worldwide are watching this closely, as the recent 43-day U.S. federal shutdown is expected to impact growth significantly. Early estimates suggest that even a one-week shutdown can cause major economic damage, raising concerns about how much the prolonged shutdown may have weakened U.S. GDP.

India’s GDP figures will be released on November 28. India continues to be viewed as a high-growth market among the world’s top economies, and investors expect a strong print. However, recent export-related challenges and U.S. tariff uncertainties under the Trump administration may reflect marginal pressure.

U.S. jobless claims data will also be in focus. As the Federal Reserve prepares for its December meeting, every weekly claims report is triggering speculation about possible rate cuts. With unemployment rising, markets anticipate a higher probability of future cuts, as cheaper loans could help support employment and corporate capital expenditure.

Artificial intelligence stocks, particularly Nvidia and Palantir, continue to influence global market direction. AI-driven valuations have caused volatility in the U.S., and this theme is expected to dominate again this week.

Investors in India will also monitor developments related to the India–U.S. trade deal. Commerce Minister Piyush Goyal had hinted earlier that important updates may arrive by the end of November. If tariffs on Indian exports are lowered or removed, markets may react positively. However, analysts also warn that India may need to make concessions in agricultural imports such as soybeans or corn. The scale of these concessions will determine the long-term impact.

Corporate earnings season continues as well. Lenskart is set to announce its first quarterly results after listing, making it an important event for new-age retail investors. SEBI’s updates on F&O adjustments and regulations also remain relevant. IPO inflow continues across sectors as companies tap strong liquidity.

The weakening Indian Rupee remains a major concern. The currency closed at 89.62 against the U.S. dollar, breaking out of the 88 range and moving sharply towards the 90 level. Reports earlier suggested that the rupee could even fall toward 92 if tariff uncertainties persist. All eyes are on the Reserve Bank of India’s next measures as the rapid depreciation raises the risk of continued FII outflows.

Cryptocurrency markets also saw heavy damage recently. Bitcoin fell from over 1 lakh USD to the 80,000 range, and Ethereum declined sharply to trade below the 3,000-dollar mark.

FIIs continued selling on Friday as the rupee weakened, intensifying pressure on equities. Crude oil offered some relief, with WTI stabilizing around 58 dollars and Brent near 62 dollars per barrel. Gold remained above USD 4,000, and silver regained the USD 50 level after earlier declines.

Options data indicates Nifty is sustaining above 26,000, but strong support levels are still lacking. To break into new all-time highs, the index must cross the resistance at 26,250 and then 26,277. Analysts believe that a positive announcement regarding the India–U.S. trade deal could drive Nifty to fresh record levels.

Meanwhile, many retail investors remain confused as their personal portfolios are not rising even though Nifty is close to an all-time high. This divergence was explained in detail in a separate video, helping viewers understand why broader portfolios often lag during narrow market rallies.

As the week begins, market sentiment appears cautiously optimistic. With multiple major triggers lined up — including GDP data, U.S. macro releases, trade deal expectations, AI stock movements, FII flows, and rupee fluctuations — traders must remain alert. The combination of global uncertainties and domestic opportunities ensures another event-heavy week for Indian markets.

Disclaimer:
This article is for informational and educational purposes only. It should not be considered investment advice or a recommendation to buy or sell any financial instrument. Stock markets are subject to risks and readers should conduct their own research or consult a financial advisor before making investment decisions.

 


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