Key things that will make traders busy this week(Jan 28- Feb1)
The market fell sharply in the last week as the Sensex and Nifty corrected a percent each, underperforming global counterparts. Earnings disappointment in ITC and Maruti Suzuki, corporate governance issue at Zee Entertainment and profit booking weighed on sentiment.
The selling in banks, auto, metals, infrastructure and FMCG stocks pulled the market lower whereas the rally in energy, defensives IT and pharma limited weekly losses.
Earnings will continue to be the key theme this week as well, due to which there could be more of a stock specific action. Apart from that, the most important event to look at would be the Interim Budget 2019.
Also, there would be expiry of January futures and options contracts, so volatility could be a major possibility in the coming week, experts said, adding any rally or sharp sell-off could be because of earnings. Globally, key things to watch out for would be ongoing trade talks between the US and China.
Corporate Action:
Result Week:
Global Cues:



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