Markets to focus on global trends; may face volatility amid derivatives expiry: Analysts thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
After the marginal dip, the US benchmark index, the Dow Jones Industrial Average (DJIA) has resumed the uptrend and also crossed a new milestone of 39,000.
With no major domestic market-moving event scheduled this week, stock market investors would largely focus on global trends and foreign fund movement, and may face volatility amid monthly derivatives expiry, analysts said. We expect volatility to remain high due to the scheduled expiry of February month derivatives contracts. Besides, participants should keep a close watch on the performance of the global indices, especially the US for cues, Ajit Mishra, SVP - technical research at Religare Broking Ltd, said.