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Macro data, firm earnings, global cues to guide markets this week: Experts

Besides, investors will keep tracking latest developments and trends on the Covid-19 pandemic front, like data on infection cases and fatality rates as well as update on vaccine trials

Photo: PTI
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Last week, the Sensex advanced by 433.68 points or 1.15 per cent and the broader Nifty gained 140.60 points or 1.26 per cent. | Photo: PTI

Press Trust of India New Delhi
Domestic equity market will be largely driven by macro-economic data, companies' earnings and global cues in the coming week, analysts said.

Besides, investors will keep tracking latest developments and trends on the Covid-19 pandemic front, like data on infection cases and fatality rates as well as update on vaccine trials.

"With the rising US-China tensions and resurging Covid-19 cases, uncertainties are increasing, while the early positive development on the vaccine front remains a silver lining. Thus, equity markets are likely to remain volatile, with more stock-specific action as earnings season progresses," said Siddhartha Khemka, Head-Retail Research, Motilal Oswal Financial Services.