Stock market movement this week would be guided by macroeconomic data like industrial production and inflation as well as global cues, analysts said.
Movement of crude oil, rupee and investment trend by overseas investors would also influence trading sentiment, they added.
"This week, fundamentals, economic data and domestic cues will play a major role since we have a large number of data releases lined up. CPI inflation, industrial output and cumulative industrial output will have a major role in giving some important cues to the market," said Mustafa Nadeem, CEO, Epic Research.
Debabrata Bhattacharjee, Head of Research, CapitalAim, said," This week market will watch CPI, WPI data. On the international front we watch out for US retail sales on Monday and China industrial production."
Disclaimer: No Business Standard Journalist was involved in creation of this content
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