The Wholesale Price Index (WPI) for the month of August will be released by September 14, market conditions in the upcoming week
The Wholesale Price Index (WPI) for the month of August will be released on September 14. Traders will also keep an eye on this figure. In the coming week, support for Nifty at 17600 and 17400 and resistance is expected at 18000.
Abhilasha 
Crude oil prices continued to decline throughout the week, leading financial markets across the world to show an upward trend and end the week on a positive note. Nifty and Sensex both ended the week with a gain of 1.68%, with Nifty closing at 17,833.35 and Sensex at 59,793.14 .
Investors will be waiting for the Index of Industrial Production (IIP) and Consumer Price Index (CPI), which will arrive on September 12. India's annual inflation rate fell to a five-month low of 6.71% in July 2022 from 7.01% in June, and industrial production in India grew by 12.3% annually in June 2022, compared to a growth of 19.6% .
The Wholesale Price Index (WPI) for the month of August will be released on September 14. Traders will also keep an eye on this figure. In July 2022, the annual inflation rate of wholesale prices in India declined to 13.93% from 15.18% in the previous month.
In the coming week, Nifty is expected to hold support at 17600 and 17400 and resistance at 18000.
