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Earnings data, covid-19 updates, global trends to drive market this week

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NEW DELHI : The domestic equity market is likely to be guided by quarterly earnings data, coronavirus-related updates and global trends this week, with bouts of profit-booking at higher levels going ahead, according to analysts.Rising coronavirus infections in Europe had dented market sentiment last week.

Concerns over resurgence in coronavirus cases may also play in investors mind going ahead."In absence of any major event, global cues and coronavirus-related updates will remain in focus.

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