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Record FDI shows confidence of international investors in I

Covid, Q4 earnings, vaccination among key factors that may guide market this week

Covid, Q4 earnings, vaccination among key factors that may guide market this week SECTIONS Share Synopsis Among Nifty stocks, Bharti Airtel, Tata Motors, Indian Oil Corporation, State Bank of India, Shree Cement, JSW Steel and Hindalco will announce the march quarter earnings. Nifty50 behaved in line with global indices and closed in the red on a weekly basis. The index failed to retest the immediate resistance zone of 15,000 as it is facing pressure at higher levels. Related NEW DELHI: The domestic equity market began the week on a high note, hoping that the pandemic will eventually peak out and the economy will recover sooner than expected. However, the euphoria fizzled out soon as investors turned wary of inflation in India and the US, with analysts expecting central banks to start tapering soon. Higher bond yields globally may result in further outflows. However, upbeat Q4 numbers provided some breather, but the action remained stock specific.

What awaits Dalal Street next week? Frustration and Déjà vu!

What awaits Dalal Street next week? Frustration and Déjà vu! SECTIONS Share Synopsis While indices may have logged gains over the past three weeks, they have been stuck in an 800-point range between 14,200 and 15,000 for well over two months as investors balance the near-term disruption caused by the second wave. Getty Images If the domestic problems weren’t weighing investors down enough, this week also resurfaced concerns over the possible future actions of the US Federal Reserve. Related MUMBAI: Benchmark equity indices ended a lackluster week in the red, snapping a three-week long winning streak, as the Covid-19 pandemic continued to sap investors’ enthusiasm for stocks.

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