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Markets to open weak but may see buying at lower levels - The Hindu BusinessLine

Markets to open weak but may see buying at lower levels - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Market Ahead Podcast, July 19: Top factors that could guide markets today

After scaling fresh record highs in the week gone by, markets could be in for a volatile ride in the truncated week. Quarterly earnings outcome and management commentary on recovery amid absence of any macroeconomic data will largely decide market momentum. Analysts expect sector-specific movement to continue amid the ongoing results season. Besides, global cues, FII flow trends and updates on the Covid front will also be on investor radar. Equity markets would remain closed on Wednesday for Bakri-Id. On the earnings front, some 200 corporates are poised to post their quarterly numbers. Some of the prominent names are ACC, HCL Technologies, HDFC Life Insurance Company, Asian Paints, Bajaj Finance, ICICI Prudential Life Insurance Company, Bajaj Finserv, Bajaj Auto, Hindustan Unilever, UltraTech Cement, Ambuja Cements, JSW Steel, Reliance Industries, ICICI Bank and ITC.

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