Trends, FIIs trading activity to drive mkt trends this week: Analysts

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Trends, FIIs trading activity to drive mkt trends this week: Analysts - Business Standard

Quick Summary:

"With the conclusion of the Q3 earnings season, now focus will be on global developments amid a turbulent market environment on account of Donald Trump's trade policies," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.

Unabated foreign fund outflows, lower-than-expected quarterly earnings and global trade war fears hit market sentiments last week, where the benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday.

Stock markets are expected to be driven by global trends and FPI trading activity this week after the conclusion of the earnings season, analysts said.