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Market Ahead Podcast, June 7: Factors that could guide markets this week


The markets ended on a buoyant note last week as the benchmark indices gained nearly 1.5 per cent, with Sensex closing above 52,000 for the first time amid falling Covid cases and reopening of the economy.
Analysts believe the rally may come to a pause after three consecutive weeks of gains, but the bias would remain on the positive side. Covid-related developments, macro data and global cues will guide the market this week, amid lack of any major domestic trigger.
Meanwhile, on the earnings front, 250 companies are lined up to announce their quarterly numbers, which is likely to result in more stock-specific action. Some of the prominent names include Bata India, GAIL, Union Bank of India, SAIL, BHEL, Care Ratings and DLF. ....

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