global sentiment impects on world market
Indian stock markets are expected to remain volatile and may be dictated more by global investor sentiment than by the second quarter results season commencing this week, as IT bellwether Infosys declares Q2 earnings on Wednesday, analysts said.
The industrial production numbers, however, may have some impact during the trading sentiment this week, they said.
"Expectations are not too high from the earnings season starting this week as business sentiment has not been very encouraging," said Unicon Financial Solutions CEO Gajendra Nagpal.
"The international picture is also very hazy at the moment and, above all, there is no near-term trigger for the market. The market may see a subdued opening on Monday," he added.
Other market experts said however that Dalal Street will take cues from the US and European equity movements.
They said that on the domestic front, apart from corporate earnings, IIP or factory output data for August may impact the sentiment to...
from- panakj kumar choubey
from PGDM3rd semester
The industrial production numbers, however, may have some impact during the trading sentiment this week, they said.
"Expectations are not too high from the earnings season starting this week as business sentiment has not been very encouraging," said Unicon Financial Solutions CEO Gajendra Nagpal.
"The international picture is also very hazy at the moment and, above all, there is no near-term trigger for the market. The market may see a subdued opening on Monday," he added.
Other market experts said however that Dalal Street will take cues from the US and European equity movements.
They said that on the domestic front, apart from corporate earnings, IIP or factory output data for August may impact the sentiment to...
from- panakj kumar choubey
from PGDM3rd semester
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