US election, Q2 results of India Inc to keep markets volatile: Analysts

Since their March 2020 low, the Indian benchmarks - the S&P BSE Sensex and the Nifty 50 - have gained 47 per cent and 48 per cent, respectively.

Markets have been volatile since the past few sessions and have been unable to hold on at the higher levels – and if experts are to be believed, they will remain so for the next few weeks. At the global level, the upcoming US presidential election and the monetary policies of major central banks, fear of sporadic lockdowns across cities given the rise in Covid-19 cases and oil prices could keep investors on edge.

Back home, a weak economy coupled with rising Covid-19 cases and inflation that is above the Reserve Bank of India’s (RBI’s) comfort zone, geopolitical (India-China) developments,