G7 Summit to US GDP data: Top 5 factors that may impact stock market next week

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Indian stock market closed higher for the day on Friday and for the week aided by positive global cues but on lower than normal volumes suggesting lower participation by FPIs who have been sellers relentlessly in Indian markets. According to stock market experts, the US GDP contracted in Q1 and is expected to slow to almost zero by the second half of the year, indicating signs of economic distress. Recent data releases from Japan, Britain, Eurozone and the United States showed that factory activities remained muted in June across all the regions.

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