Q4 results, FII trading activity to guide markets this week: Analysts

Domestic quarterly earnings, global trends and foreign fund trading activity would dictate the movement in equity markets, which may face volatility amid the scheduled monthly derivatives expiry this week, analysts said. Equity markets took a breather last week. The BSE Sensex declined 298.22 points or 0.48 per cent and the Nifty dipped 111.4 points or 0.60 per cent. "Global and domestic macroeconomic data, crude oil prices, global market trends, Foreign Institutional Investors (FIIs) and domestic institutional investors (DIIs) activity will be monitored this week. "Earnings season will continue to be in focus with companies like BPCL, Ashok Leyland, NMDC, Hindalco, Oil India, LIC, Vodafone Idea, BHEL, ONGC, and many more will be declaring their results this week," Arvinder Singh Nanda, Senior Vice-President at Master Capital Services Ltd, said. Globally, investors would continue to focus on the US debt ceiling negotiations, Nanda added. US President Joe Biden's administration is

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