GDP data, auto sales, earnings, F&O expiry to drive markets this week - News Summed Up

GDP data, auto sales, earnings, F&O expiry to drive markets this week


Photo: ReutersMumbai: The markets are expected to be rangebound or remain volatile ahead of the future and options (F&O) expiry this week. Key factors that are likely to drive markets this week are macro data, May auto sales data and March 2018 quarter. Auto stocks will be in focus this week as they will declare their monthly sales data for May. Motorcycle sales during the month was up by 8.31% 501,592 units, against 463,091 units a year ago. Among macros, gross domestic product (GDP) for the period of January-March is expected to be released on Thursday this week.


Source: Mint May 28, 2018 08:03 UTC



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