'Global trends, foreign fund movement, oil prices to guide mkts this week'

Relentless selling by FIIs is a key concern for the Indian markets. Rupee movement and development of monsoon will be other important factors for the market, says an analyst

People walk past the Bombay Stock Exchange (BSE) building, in Mumbai (Photo: PTI)
Premium

Press Trust of India New Delhi
The equity markets focus is expected to shift to global trends in the absence of any major domestic event scheduled this week, while investors are likely to continue to keep a tab on foreign fund movement and crude oil prices, analysts said.

Progress of monsoon would also be monitored, they added.

"Relentless selling by FIIs is a key concern for the Indian markets. Rupee movement and development of monsoon will be other important factors for the market," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

"In absence of any major domestic event, global cues will continue to dictate the trend. Participants will

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 19 2022 | 3:56 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com