Siddhartha Khemka Coronavirus city New Delhi Usa India covid-19 vaccine Siddhartha Khemka Coronavirus city New Delhi Usa India

Covid-19 vaccine, related updates, F&O expiry to drive D-Street next week

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NEW DELHI : Indian equity markets are likely to witness volatility this week due to concerns over rising cases of coronavirus and expiry of derivatives contracts, analysts said.Further, progress surrounding the COVID-19 vaccine, related updates, US stimulus talks and global cues would dictate the market trend, traders said."Going ahead, the market is likely to be volatile as sentiments oscillate between fear of rising COVID cases globally and optimism over vaccine progress.

Investors would closely watch out development over the US stimulus talks," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.Going ahead, markets could make an intermediate top with correction in front-line stocks.

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