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Markets to focus on global cues, coronavirus developments: Analysts

PMI data for the manufacturing sector is scheduled to be released on Thursday

People have been check entering the Bombay stock exchange for COVID-19 in Mumbai (Photo- Kamlesh Pednekar)
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Vikas Jain, Senior Research Analyst, Reliance Securities said, "The uncertainty will keep the markets nervous and going ahead markets would now focus more on global cues

Press Trust of India
Stock markets will focus on global cues and fresh news flow on Covid-19 pandemic for further cues in a holiday-shortened week ahead, according to analysts.
Equity markets wil remain closed on Thursday for 'Ram Navami'.
"The stimulus package announced by the government and the RBI will have limited effect, until the actual impact of the contagion is known, both economically and with the number of infections. In spite of the relief rally seen this week, investors will need to be conservative in their investments and still focus only on accumulating quality stocks and not go all in," Vinod Nair, Head of Research,

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First Published: Mar 29 2020 | 2:22 PM IST

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