Stock market this week: Q4 results, US debt ceiling talks, other factors that could drive equities this week3 min read 21 May 2023, 03:40 PM IST
Stock markets witnessed an unpredictable movement last week mainly driven by FII inflows quarterly earnings, US data, etc. In the coming week, market performance will depend on earnings of BPCL, Ashok Leyland, Hindalco, ONGC, etc, FOMC meeting minutes, US debt ceiling negotiations, etc
After a roller-coaster week, stock market indices managed to close at a decent level after a marginal rebound on Friday. Q4 results of major firms, foreign funding, Us debt ceiling negotiations, FOMC minutes, and other global cues guide the market movement in the coming week. There are chances of persistent market volatility due to the scheduled monthly derivatives expiry this week.
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