There was no trading in the stock market on the first day of the week on the occasion of Ganesh Chaturthi on Monday. Now on Tuesday i.e., tomorrow the stock market will open. In this way, the stock market remained closed for Three consecutive days – Saturday, Sunday and Monday. The stock markets will remain closed on 10 September due to Muharram. Let us tell you that at the end of trading on Friday, the Sensex gained 263.86 points to 37,332.79 and the Nifty gained 74.95 points to end at 11,023.25.

These Factors will Work
In addition to the economic data, the movement of the stock market will be decided this week by the movement of the rupee and the trend of global markets. Apart from this, the mood of investors will also be affected this week. This week, investors will be eyeing the auto sector stocks. Actually, the monthly figures for August 2019 sales of auto companies have started coming. In the same way, the banking sector's stock can also see fluctuations.

Let us explain to you that after the market closed on Friday, the government announced the merger of banks. Among the big banks that are going to be merged include several big banks including PNB, Canara and Allahabad Bank. In such a situation, it is expected that the market will welcome the government's decision.

GDP Figures will be Affected
On Friday, the official quarterly figures for the current fiscal year of the country's gross domestic product (GDP) were released. The pace of GDP declined to 5 percent in the first quarter of FY 2019-20. This is a low level of about 7 years. At the same time, if you look at an annual basis, there is a decline of 3 percent. Let us know that in the first quarter of the financial year 2018-19, there were 8 percent GDP figures.