This week, the stock market's direction is expected to be influenced by a mix of domestic economic indicators and global market trends, according to financial analysts. They predict that the market might see some ups and downs, primarily because of the high stock prices currently. Key domestic factors like inflation rates and industrial production figures are anticipated to play a significant role in determining the market's movements.

Moreover, the actions of foreign investors, changes in the global oil prices, specifically Brent crude, and currency value shifts are also expected to impact the stock trading landscape, as per a report by PTI citing expert analyses. It's noteworthy that in the last trading session, major Indian stock indices, the Sensex and Nifty, hit new highs.

The US is also on the radar with its consumer price index (CPI) data release scheduled for Tuesday, followed by the wholesale price index (WPI) data later in the week. Santosh Meena from Swastika Investmart Ltd suggests that large-cap stocks might continue to perform well, buoyed by continued purchases by Foreign Institutional Investors (FIIs).

Internationally, inflation data from China and the US will be closely watched for insights into the global economic climate. According to Vinod Nair of Geojit Financial Services, the market is expected to remain volatile this week, with investors keenly awaiting policy rate guidance.

Last week, the stock market saw a record-breaking rally, with the BSE sensex climbing nearly 375 points. However, trading was paused on Friday in observance of Mahashivratri.

Ajit Mishra from Religare Broking Ltd points out that, apart from the expected economic data releases, the performance of global stock markets will also provide important signals for market trends. He mentions that the US markets are currently experiencing some profit-taking after four months of steady growth, which could lead to short-term volatility in other markets, including India's.

In conclusion, while the stock market navigates through various domestic and international factors, staying informed and agile is key for investors. For those looking to dive deeper into market trends and insights, Probz.ai offers an AI-powered platform for qualitative and quantitative analysis, helping investors make informed decisions.