Earnings from major companies such as HDFC, US Fed's interest rate decision and hopes of positive measures from the Budget would drive sentiment in the equity markets this week which may also witness volatile sessions amid derivatives expiry, according to analysts. Participants would also keep an eye on the spread of the deadly coronavirus in China and other countries, they added. The lethal virus has claimed 56 lives in China, and spread to about a dozen nations. "Going ahead, markets are likely to be volatile due to monthly F&O expiry just ahead of the Union Budget that would be presented towards the end of the elongated week. Also, stock-specific action is likely to continue with the ongoing results season which has been mixed so far. Apart from these, investors would also watch out for the US Fed and Bank of England's monetary policy," Motilal Oswal Financial Services, Head - Retail Research, Siddhartha Khemka said. He added that on the macro front, US Q4 GDP and India's ...
from Economy & Policy https://ift.tt/3152vXb
via IFTTT
Subscribe to:
Post Comments (Atom)
Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO
However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta from Com...
-
While sales to original equipment manufacturers declined 16.3% year on year in FY20, the replacement market sales declined by a modest 2.6% ...
-
India's passenger vehicle sales are expected to grow between 3-5 percent in the current fiscal year, after expanding at the slowest pace...
-
The earnings momentum has been quite resilient and the policy momentum quite focused towards improving the infrastructure and attractiveness...
No comments:
Post a Comment