Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week

Investors will eye several stock market triggers in the last week of the month including the ongoing October-December quarter results for fiscal 2023-24 (Q3FY24), Interim Budget 2024, US Federal Reserve policy verdict, foreign capital inflow, along with other domestic and global cues. Domestic equity benchmarks Nifty 50 and Sensex logged their worst performance since the week ending October 27 dragged by information technology (IT) stocks – culminating in a second consecutive week of losses. The frontline indices fell about 1.3 per cent each over the three sessions in the last holiday-truncated week, primarily driven by weakness in the banking sector….