Investors to monitor geopolitical developments, Covid-19 trends: Analysts

Geopolitical developments and trend in Covid-19 cases will set the tone for equity markets this week, analysts said, adding that with no major events scheduled, indices may consolidate.

"Going ahead, we expect the market momentum to continue in the near term on back of changed sentiments and improved liquidity. Apart from global cues and development around geopolitical tensions, the monthly F&O expiry would be some of the key monitorable," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

According to analysts, besides stock-specific action, trend in global markets, and foreign fund movement would also dictate sentiments.

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