This week's market trading will be guided by corporate results and worldwide trends, analysts said

This week's market trading will be guided by corporate results and worldwide trends, analysts said

The 30-share BSE Sensex closed at 73,878.15 on Friday, down 732.96 points, or 0.98 percent. Additionally, the NSE Nifty fell to 22,475.85, a loss of 172.35 points, or 0.76 percent.

Additionally, the rupee-dollar trend, the trading activity of foreign investors, and the movement of Brent crude, the global oil benchmark, would all be watched by the markets.

The current fourth-quarter results season, worldwide variables, and macroeconomic information will direct this week's equities market patterns, according to experts. Additionally, the rupee-dollar trend, the trading activity of foreign investors, and the movement of Brent crude, the global oil benchmark, would all be watched by the markets.

According to Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd., "within the nation, the next batch of Q4 earnings reports will bring in stock-specific movements; Hero MotoCorp, Larsen & Toubro, BPCL, State Bank of India, Eicher Motors, as well Tata Motors are some of the big names in the list or the next phase of voting." The services sector's PMI statistics will have an impact on equities market trade as well.

The March industrial production figures are expected to be released on Friday. "Markets will respond on Monday to the Q4 earnings of companies like Dmart and Kotak Bank as well as the US employment data," said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services Ltd.

"Going ahead, investors' ability to synchronize their portfolios will be significantly hampered by the current results season. The Bank of England's (BoE) policy and euro zone GDP figures will also keep the market on edge. Head of Research at Geojit Financial Services Vinod Nair said, "We expect an undergraduate degree of consolidation in the financial services sector due to expensive valuations and any election-led jitters."

The BSE benchmark increased by 147.99 points, or 0.20 percent, last week. The NSE Nifty increased by 0.24 percent, or 55.9 points. Religare Broking Ltd.'s SVP of Research, Ajit Mishra, said, "Looking ahead, attention will be on reports of profits and global market performance, particularly the US."

The 30-share BSE Sensex closed at 73,878.15 on Friday, down 732.96 points, or 0.98 percent. Additionally, the NSE Nifty fell to 22,475.85, a loss of 172.35 points, or 0.76 percent. An increase in value discomfort has made investors pickier and more selective in their choices. Investors have been booking gains on a regular basis due to uncertainty around interest rates, a pessimistic geopolitical outlook, and FII fund withdrawals, according to Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.