Learn how the stock market moves this week, expert opinion

The direction of stock markets is determined this week by macroeconomic data, companies’ first quarter results and global trends. Analysts have expressed this view. Vinod Nair, head of Geojit Financial Services Research, said, “The domestic market is guided by global markets. Progress towards reduction and vaccination in Covid-19 cases promises in the market.

Diesel hits a century in Madhya Pradesh, petrol crosses 100 in Sikkim

The service sector’s PMI data is coming up this week, which will affect the business mindset, he said. Nirali Shah, head of equity research at Samco Securities, said: “The first quarter of the current financial year has begun. In such a situation, this week all eyes are on big and mid-cap IT companies. “First Thursday, Tata Consultancy Services (TCS) quarterly results are coming.

Siddharth Khemka, Head of Retail Research at Motilal Oswal Financial Services, said, “Any disappointment in front of quarterly results can measure overall positive sentiment. However, with the economy opening and the pace of vaccination, we expect quarterly results to improve. Last week, the BSE 30-share Sensex fell 440.37 points, or 0.83 percent.

IPO: A great opportunity to make money in July, 12 companies can bring in an IPO

Disclaimer: The above information is for general informational purposes only. All information on the Site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the Site.