On next week a presidential meeting could be direct at Washington’s stance on India’s energy engagement with Russia .
The Nifty and Sensex fell nearly 1% after trump’s more 25% tariff on India on Thursday’s session on Indian goods ,citing New Delhi’s continued oil trade with Moscow .
Donald Trump threatened Russia to stop war with Ukraine otherwise fresh sanction will add on Russia and trade partners of Russia from friday.
However Markets rebound after conformation of Trump-Putin meeting in Washington .
Meanwhile , Foreign Portfolio Investor (FPI) pullout 49 Billion (rup) of stocks. But the Domestic Institutional investors (DII) record biggest single day purchase in 4 months ,buying 108 billion worth of share .
The main things is to see how the market will respond this geopolitical movement .If the meeting outcomes sounds positive it could change market sentiment and definitely help Indian market .