https://ift.tt/eA8V8J Going ahead, Indian markets are likely to continue with its volatility as the earnings season gains momentum while COVID-19 cases continue its upward trajectory. The market would continuously watch out for the government’s course of action along with progress on vaccination drive in order to curb pandemic. Investors would also keep an eye on management commentaries in their post result concalls, given the current situation. This week investors would await US GDP data along with US Fed’s monetary policy. Even President Joe Biden is expected to spell out his infrastructure spending plan, and the tax hikes to pay for it which could set the market tone for the near term.
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Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services
Reviewed by Manish Pethev
on
April 27, 2021
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