The market sentiments are likely to be influenced by political developments and global events this week. Experts believe the weak current account data released on Thursday could also concern market, when it resumes trading on Monday.
Shares in software service exporter Wipro Ltd fell as much as 2. 2 percent while power equipment maker Siemens Ltd retreated on Thursday after India Index Services & Products Ltd
State-run insurance giant LIC has lowered its holdings in as many as 27 of the 50 blue-chip firms forming the market benchmark index Nifty, while selling shares worth an estimated
The National Stock Exchange and Japan Exchange Group will seek to launch yen-denominated futures based on the Nifty index of Indian stocks, the bourse operators said on Thursday.
Investment banking major Credit Suisse today said political developments will be the key driver for markets in India and expects the Nifty at 5,600 by the end of this year,
Option traders see a probability of Nifty inching closer to 6,200 levels in the January derivative series which ends on January 31.
Nifty January 6,200 call added positions worth $101
Market is expected to keenly follow the Reserve Bank of India's money policy and the winter session of Parliament for direction this week. The figures showing fall in wholesale
After a rally last week, market is likely to consolidate this week. Except for manufacturing data, there is no major economic event scheduled for the week and, therefore, for the ongoing rally to sustain, investors could only pin hopes from the winter session of the Parliament where many reforms will be tabled this week. Global cues would also be noteworthy.
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