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Global cues, earnings, Covid updates to set market trend next week: Experts

Markets will be closed on Monday for 'Id-Ul-Fitr'

borrowing, fiscal deficit, market, stimulus

HDFC, Dabur India, Lupin, TVS Motor Company and Voltas are some of the major companies scheduled to report their quarterly earnings this week. Illustration: Binay Sinha

Press Trust of India New Delhi
The trajectory of the spread of Covid-19, global cues and quarterly earnings would be the main drivers for the equity markets in the holiday-shortened week ahead, analysts said.  Markets will be closed on Monday for 'Id-Ul-Fitr'.

"The market is feeding off expectations, expectations of more boosters from the government and RBI, expectations of business normalisations post easing of lockdown sanctions, expectations of infections peaking out.

"However, the time frame or the quantum of support is unknown and may not be determinable. Any news regarding the slowdown in the number of infections or specific sectoral news will have an impact on

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First Published: May 24 2020 | 3:13 PM IST

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