Stock Market Live Updates 13 May 2024: Sensex, Nifty set to open with a focus on inflation data and earnings reports

Sensex, Nifty, Share Prices LIVE: The stock markets this week will likely be influenced by a number of factors, including domestic inflation data, ongoing quarterly earnings reports, global trends, and news related to the general election. Market sentiment will be guided by a variety of factors such as foreign investors’ activity, Brent crude oil prices, and the rupee-dollar exchange rate. Economic data to watch includes India’s Consumer Price Index and Wholesale Price Index, US Producer Price Index and Consumer Price Index, China’s industrial production, and Japan’s GDP figures. Key companies such as DLF, Zomato, Bharti Airtel, and Mahindra & Mahindra are scheduled to announce their earnings.Last week, the BSE benchmark fell by 1,213.68 points or 1.64%, with HDFC Bank and LIC among the hardest hit. Asian stocks opened lower this week due to concerns about China’s economy and US-China trade relations, with Australian and Japanese markets declining alongside Hong Kong futures.