Markets may take breather this week; global trends to be in focus: Analysts

Market analysts attributed the upmove to positive sentiment generated from gradual lifting of lockdowns across countries

Equity markets may take a breather this week after a sharp rally over the last few days and global trends will be the major sentiment driver for the domestic bourses, analysts said.

Persistent foreign fund inflows and positive trends from global markets led to bullish sentiment in the domestic markets last week, they added.

"While the current market rally has seen momentum we have to be watchful about how the coronavirus comes under control over the next few weeks and months as also how the economy responds to the same including the measures taken by the government and RBI,'' said