New Delhi: Global trends, tariff-related updates and trading activity of foreign investors would be the key drivers for the equity market movement this week, analysts said.
Markets witnessed a strong rebound last week, with the benchmark indices surging over 4 per cent.
The rally was fuelled by improving investor sentiment, improvement in foreign capital flows, and positive global developments, an expert said.
“We expect this upward momentum to continue, on the back of foreign institutional investors’ return to the Indian market amid attractive valuations and signs of economic recovery,” Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.
“With no major domestic economic events scheduled, focus will remain on the expiry of March derivatives contracts and FII activity. On the global front, the US markets will be closely watched, with tariff-related updates and GDP growth data expected to influence investor sentiment.
“Although US markets saw a temporary respite after a sharp decline, mixed signals suggest potential volatility in the coming sessions,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.