After a knee-jerk reaction to the surgical strike by India across the Line of Control (LoC) that saw the S&P BSE Sensex tumble over 500 points in intra-day deals on Thursday, the markets remained on the edge on Friday. The S&P BSE Sensex and the Nifty 50 indices lost ground after opening on a flat note.
Analysts expect markets to remain choppy as investors adopt a wait-and-watch mode over the next few sessions till there is more clarity on the geopolitical situation.
Analysts expect markets to remain choppy as investors adopt a wait-and-watch mode over the next few sessions till there is more clarity on the geopolitical situation.
Besides the second quarter results of India Inc, here are 5 key factors that will determine the market direction over the next couple of months.
Clarity on the geopolitical situation...
RBI Monetary Policy review...
US Presidential Election...
Rate hike by the US Fed...
Oil Prices...
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