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Global cues, F&O expiry to set market trend: Analysts

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Press Trust of India New Delhi
Last Updated : Nov 24 2019 | 1:15 PM IST

Developments surrounding the US-China trade deal, foreign capital inflows and expiry of November series derivative contracts will set the tone for the equity markets this week, analysts said.

Participants will also be tracking the unfolding political situation in Maharashtra, they added.

"Markets are likely to remain lackluster this week. Movements will occur based on news and events that are likely to transpire from the government in terms of economic policies, disinvestment and international geo-political events," said Jimeet Modi, Founder and CEO, SAMCO Securities & StockNote.

Geojit Financial Services' Head of Research Vinod Nair said, "Going ahead, market focus will be on Q2 GDP data."
Markets would also be influenced by factors such as rupee-dollar trend, oil prices and investment pattern by overseas investors

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First Published: Nov 24 2019 | 1:15 PM IST

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