The stock market witnessed a decline this week and the market closed with losses for the third consecutive week. Now investors are eyeing the signals for next week. The market wants to see whether the decline deepens or the market can recover once again. There are many such signals next week which will determine the direction of the market and stocks. If you also want to predict the market, then you can keep an eye on these signals.

Quarterly results

The biggest trigger for the market at the moment is quarterly results. Next week more than 400 companies will release their quarterly results. On Monday, companies will react to the results of HDFC Bank, Kotak Mahindra Bank, Tech Mahindra and Tata Consumer, whose results came after the market closed on Friday. Apart from this, the results of ICICI Bank, HUL, ITC, UltraTech Cement, Bajaj Finance, Bajaj Finserv, BPCL, Coal India and JSW Steel will be released next week. Along with this, results of ACC, Union Bank, Bank of Baroda, Bajaj Housing Finance, M&M Financial Services, Paytm, Zomato, JSW Energy and TVS Motor Company will also be presented. Economic data Manufacturing and service PMI data will be released next week, from which the market will estimate the health of the economy. At the same time, the minutes of the monetary policy meeting are also to be released next week. Apart from this, some important economic data of America, Euro Area and Japan will also be presented. Investors from all over the world will keep an eye on these figures. Foreign signals The market will also keep an eye on the movement of crude oil. There has been a sharp decline in crude, if the prices remain low then it will be a positive sign for the domestic economy. Amidst all this, the attitude of foreign investors will also be monitored. FIIs are continuously selling. So far this month, FIIs have sold equity worth Rs 80218 crore. IPO market Next week, a total of 9 issues are coming to the market, all of which together will try to raise about Rs 11 thousand crore from the market. Due to these issues, a large amount of money invested in the market may get blocked in the primary market, the effect of which can be seen on the movement of the stock market next week.