US govt shutdown, crude and rupee movement to set market trend: experts

Volatility ahead of expiry of December derivatives seen; possible sacking of US Fed chief may to roil global markets further; GST rates may provide breather

Developments around the US government shutdown, trend in crude oil prices and movement of the rupee will set the tone for the equity markets this week, say experts.

Markets may also witness bouts of volatility ahead of the expiry of December series derivatives contracts, they added.

The US government slipped into a partial shutdown Saturday following stalemate over President Donald Trump's demand for money to build a border wall.

Meanwhile, reports said Trump has privately discussed the possibility of firing US Federal Reserve Chairman Jerome Powell over his decision to hike rates. The move, if carried out, is expected to roil the already