The steep selloff by foreign investors ensured that benchmark indices recorded their worst week in over two months. Nifty bank too has seen its biggest weekly fall in a year.Despite these challenges, the midcap and smallcap segments demonstrated resilience, outperforming largely due to robust domestic liquidity.
Notably, PSU stocks, especially in the railway sector, sustained a bullish trend.Going forward, the market will react to quarterly earnings as a substantial number of heavyweights are slated to release their third-quarter numbers."Anticipations surrounding the upcoming budget may also drive stock- and sector-specific movements. Globally, attention will be directed towards Japan's monetary policy and US economic data, with a continued close watch on geopolitical developments," said Santosh Meena, Head of Research, Swastika Investmart. Read more:
- FPIs unleash turbulence with Rs 21,000 cr weekly selloff in sudden shift - Economic Times
- Week ahead: Q3 results, Ayodhya event, F&O expiry, global cues among key market triggers this week - LiveMint
- Quarterly earnings, global trends to guide markets in holiday-shortened week - Business Standard
- From quarterly earnings to global trends: What will drive Indian equity markets this week - Hindustan Times
- Markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - Business Insider
- Stock markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - NDTV Profit
- Markets to be guided by quarterly earnings, global trends in holiday-shortened week - The Week
- Markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - Latestly
- Stock markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - Bharat Times
- Factors that will guide the markets this week - Rediff
- Markets to be guided by quarterly earnings, global trends in holiday-shortened week: Analysts - News Drum
- Focus on US GDP data this week - Ahmedabad Mirror
- Market outlook: Quarterly results of companies will determine the direction of the stock market based on global trends - Analyst - The Free Press Journal
