Stock Market News:On Friday, Nifty closed at 24965.25 points with a decline of 0.14 percent due to banking stocks and FMCG companies. Nifty closing below 25000 is not considered good news for the market. In such a situation, experts are expecting that the market may see further decline. Let us know the major factors due to which the stock market can be affected.

1- Quarterly results of companies

This week, quarterly results of about 120 companies will be released. The list of these companies includes HCL Technologies, Reliance Industries, HDFC Life Insurance, Bajaj Auto, Axis Bank, Infosys, Wipro, Nestle India, HDFC Bank, Kotak Mahindra Bank and Tech Mahindra Bank.

2- Hyundai IPO

Hyundai IPO is going to open this week. According to the report of Economics Times, experts expect that the opening of the country's biggest IPO will also have an impact on the market. The size of the company's IPO is Rs 27,870 crore. The company will sell 14.2 crore shares through this. Let us tell you, the price band for the IPO has been fixed from Rs 1865 to Rs 1960 per share.

3- FIIs withdrew Rs 58711 crore

Foreign institutional investors (FIIs) have withdrawn Rs 587111 crore in 8 trading sessions so far in October. On Friday, FIIs sold Rs 4162.66 crore. However, domestic institutional investors are continuously buying.

4. Weakening of rupee against dollar

The price of one dollar crossed Rs 84 for the first time. On Friday, it closed at 84.06. The Central Bank is constantly making efforts to stabilize the prices. At the same time, the effect of the decision of the US Fed Reserve is also visible. Due to which the dollar is getting stronger.

5- Crude oil prices

The impact of oil prices is clearly visible on the Indian stock market. Due to the increasing tension in the Middle East, there is a period of instability for the prices of crude oil. The increase in the prices of crude oil is not good news for the health of the Indian stock market. This raises the fear of inflation.