Dalal Street: US GDP, China NPC, FII Flow to Drive Cautious Week Ahead

• Dalal Street ended last week with moderate losses; Nifty 50 fell 0.3%, extending decline for third week.
• Hopes for a "Santa rally" rekindled by Friday's gains, FII buying, rupee appreciation, and softer US CPI.
• Upcoming truncated week (Dec 22-27) expected to be cautiously positive, market closed Dec 25.
• Key factors to watch: US GDP & PCE data, China's NPC Standing Committee meeting, FII flow, rupee movement, and India VIX.
• FIIs turned positive in last three sessions but were net sellers for the week; DIIs provided strong support.

Why It Matters: Market eyes US GDP, China NPC, FII flow for a cautiously positive week amid "Santa rally" hopes.