In an exhilarating return to form, the Indian stock market ended last week on a high note, with a notable 1.6% weekly gain. Yet, looming war clouds and financial maneuvers mean volatility could cloud D-Street this week.

Tension Escalates: Israel-Iran Conflict

A burgeoning conflict between Israel and Iran has taken a perilous twist, with the US now stepping into the fray. Strikes on Iran’s nuclear facilities by the iconic US B-2 bombers have global markets on edge. The repercussions extend far beyond the Middle East, with Indian traders poised over market openings on Monday, bracing for potential aftershocks.

Eyes on U.S. Markets

Wall Street’s modest performance last Friday did little to allay fears about the escalating conflict. While Accenture’s better-than-expected revenue estimates buoyed spirits briefly, the Israel-Iran clash loomed large over trading floors. The Dow and Nasdaq saw marginal movements — an intriguing backdrop for Indian market speculations as the week unfolds.

IPO Bonanza: A Tsunami Hits D-Street

Anticipation builds as 13 IPOs are poised to hit the market, aiming to collectively raise nearly Rs 16,000 crore. The spotlight is on HDFC Bank’s NBFC subsidiary, HDB Financial Services. With strategic IPOs rolling out, investors are keenly eyeing potential returns, promising a whirlwind of activity this week.

Sensex Reshuffle: Tata Enters, IndusInd Exits

The BSE Sensex readies for a reshuffle with Trent and Bharat Electronics replacing stalwarts Nestle India and IndusInd Bank. While market dynamics reshape, IndusInd faces outflows amid looming governance concerns. Changes take effect on June 23, but market ripples are already anticipated.

Corporate Action Hubbub

A fervor of corporate actions looms large with milestones like dividend records and stock splits on the horizon. HDFC Bank, Vedanta, and Bajaj are among key players to watch as their moves may set trading floors abuzz.

Tracking the Institutional Tides

FII and DII activities have been erratic, adding another layer of intrigue to the unfolding week. With substantial FII sell-offs in June, the markets watch keenly for signs of reversal or persistence in investor behaviors.

Nifty’s sturdy stance above 25,000 has analysts eyeing resistance levels further ahead. As technical patterns form, a potential upward trajectory beckons, with bullish energy in the air if critical barriers are breached.

Rupee’s Resilient Stride and Crude Concerns

Friday saw an unexpected uptick in the Indian Rupee, positively surprising market watchers amid geopolitical turmoil. Meanwhile, crude oil prices pose inflationary threats, rising sharply in recent weeks as the conflict worsens.

As stated in The Economic Times, a week of unpredictability and opportunity awaits, with changes on D-Street promising either fortune or further complexities for market aficionados.