As the week unfolds, several significant economic events are set to take place that could impact both Indian and global markets. On November 27, 2024, NTPC Green Energy Ltd. is scheduled to make its debut on the stock market, marking a notable event in the renewable energy sector. This listing comes at a time when the Indian stock market is experiencing positive momentum, with the NSE Nifty 50 rising 2.39% to 23,907.25 and the BSE Sensex increasing 2.54% to 79,117.11 as of November 24, 2024. [cab9ea06]
In addition to the NTPC listing, critical economic data will be released in India, including GDP and fiscal deficit figures on November 29, 2024. These indicators are anticipated to provide insights into the country's economic health and fiscal management post-elections. The recent elections in Maharashtra have also led to developments in government formation, which could further influence economic policies in the region. [cab9ea06]
On the international front, the U.S. Federal Open Market Committee (FOMC) minutes will be published on November 26, providing insights into the central bank's monetary policy discussions. This will be followed by the release of U.S. GDP data on November 27, which is expected to shed light on the economic performance of the world's largest economy. [cab9ea06]
Moreover, the IPO of Enviro Infra Engineers is set to open on November 25-26, with its listing also scheduled for November 29. Investors will be keenly watching these developments, as they could influence market sentiment and investment decisions in the coming weeks. [cab9ea06]