Equity markets may witness a gradual up-move this week with some volatility as both election and earnings season are nearing their end, analysts said, adding that global trends and trading activity of foreign investors would hold significance in dictating investors sentiment.
Benchmark indices, which had a record-breaking rally last week, would also track global oil benchmark Brent crude and the rupee-dollar trend.
The monthly derivatives expiry on Thursday may also fuel volatility in markets.
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An analyst from Swastika Investmart said that Suzlon is coming out of a long consolidation with strong volume and its overall structure is very bullish, trading above its all-important moving averages.
Shares of Bharat Heavy Electricals Ltd settled at Rs 319.20 on Tuesday, rising 2.95 per cent, with a total market capitalization of more than Rs 1.11 lakh crore.