Share Market: These 6 reasons will have a direct impact on the market from Tuesday, know this before buying any stock

US President Donald Trump has postponed new reciprocal tariffs on more than 70 countries, after which the stock markets around the world are seeing enthusiasm. On Friday, a similar enthusiasm was seen in the Indian market. However, on a weekly basis, the market closed with a slight decline.

When the market resumes trading on Tuesday, many important domestic and global news of the week may have an impact on the markets. The domestic stock market will remain closed on Monday and Friday due to Dr. Bhimrao Ambedkar Jayanti and Good Friday.

Rupak Dey, Senior Technical Analyst at LKP Securities, said that the market is still in a negative trend even after Friday's rise. He said, "Nifty faced resistance around 21-EMA on the daily chart, due to which it closed below the day's high. The trend will remain negative until Nifty moves decisively above 23,000, significant open interest has been added at this level. On the downside, there is support at 22,750; a break below this level could increase negative sentiment. On the other hand, a decisive move above 23,000 could start a rally towards 23,500. 

Which major factors will affect the market? 

1. US-China tariff war Global markets will keep a close eye on the US-China tariff war. President Donald Trump's government has imposed a 145% tariff on Chinese goods imported into the US. Whereas, China has imposed a 125% tariff on American goods. However, Trump has put a halt on tariffs imposed on more than 70 countries for 90 days. 

2. Signals from the US market Indian markets will also take cues from the US market. Friday The US markets closed with a strong gain on 30.05. Dow Jones closed at 40,212.70 with a gain of 619.05 points i.e. 1.56%. The S&P500 index closed at 5,363.36 with a gain of 500 points i.e. 1.56%. Whereas, Nasdaq closed at 16,724.50 with a gain of 337.14 points i.e. 2.06%. 

3. Eye on the fourth quarter results This week more than 30 companies will release their January-March quarter results. These include big names like IREDA, Angel One, Waaree Renewables, Wipro, HDFC AMC, HDFC Life Insurance, Infosys, HDFC Bank, ICICI Bank and Yes Bank. 

4. FIIs - DIIs figures The market will be eyeing the figures of foreign institutional investors (FII) and domestic institutional investors (DII). On Friday, FIIs sold shares worth Rs 2,519.03 crore, while DIIs were net buyers of Rs 3,759.27 crore. 

5. Rupee vs Dollar The rupee on Friday closed at 86.04 against the dollar, up 64 paise from Wednesday's close. However, it ended the week 0.9% weaker, its worst weekly performance in two months. It had recently strengthened to 84.97. The rupee's recovery came as the dollar weakened globally. The dollar index fell 0.7% to a three-year low, fuelling US recession concerns.

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