Reuters Market Eye - Higher volatility is expected next week as financial markets will be on alert following two key state election results on Sunday, company earnings and global events.
It will be a truncated week for the markets as they are shut Thursday and Friday for national holidays.
Results of the Maharastra and Harayana elections are due Sunday. A win for the Bharatiya Janata Party will be seen as positive for reforms at the centre.
Key earnings in the week - HDFC, Mahindra and Mahindra and Wipro.
Signs of worsening growth in euro zone, Ebola's spread and rise of unrest in the Middle East to hurt sentiment.
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Foreign fund flows will determine sentiment for debt and forex markets.
10-year benchmark bond seen in 8.35-8.45 range; rupee may trade between 61.25 and 61.95, say traders.
KEY FACTORS/EVENTS TO WATCH
Thurs - Fri: Markets closed
Tues: Earnings - South Indian Bank
Wed: Mahindra & Mahindra
Fri: India's foreign exchange reserves
(Reporting by Indulal PM; Editing by Biju Dwarakanath)