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This week, investors will be eyeing key events such as the F&O December series expiry, India's fiscal deficit, current account deficit, and bank loan growth, along with goods trade balance, and initial jobless claims in the US that will keep the markets buzzing.
MCX Gold December contract is forming a higher high and higher low pattern, indicating bullishness with the price currently trading above its 21 & 50 Days EMA, Neha Qureshi, Senior Technical & Derivative Analyst, Anand Rathi Commodities & Currencies said.
Markets are likely to move in a range as investor participation is expected to gradually decline globally ahead of Christmas and New Year holiday, Siddhartha Khemka,
Despite ending higher on the second consecutive day on Friday, Nifty ended this week lower after a seven-week rally Deepak Jasani, Head Retail Research, HDFC Securities.On a weekly basis, Nifty closed 0.5 per cent lower after making a large ...
As muted institutional buying may take a step back ahead of holiday season, correction is likely to deepen across the board in the next couple of days, said analysts