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Covid-19 to continue to dictate market trends next week: Analysts

During the last trading week till Friday, the Sensex plummeted 4,187.52 points or 12.27 per cent, while Nifty tanked 1,209.75 points or 12.15 per cent.

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However, equity markets witnessed a relief on Friday after four days of fall and ended 1,627.73 points or 5.75 per cent higher at 29,915.96.

BS Web TeamPTI
Trading at the Indian bourses this week would continue to be guided by developments on the coronavirus front, according to analysts. Investor concerns over its impact on the economic activity will most likely weigh on the markets as well.

"The markets will continue to focus on whether the virus infection rate peaks out and also on the coordinated actions of the Reserve Bank of India and the government to support businesses with relief package," Vinod Nair, head of research, Geojit Financial Services, told news agency PTI.

During the last trading week till Friday, the Sensex plummeted 4,187.52 points or 12.27