"Market movement next week will mainly depend on FII trading activity and commodity price in the global market, especially how crude oil will behave," said Rohit Gadia, Founder & CEO, CapitalVia Global Research. "Progress of monsoon and trends in global markets will dictate the trend in the shortened trading week ahead," said Vijay Singhania, Founder-Director, Trade Smart Online. The monsoon session of Parliament will start from July 18, quarterly results season will start in a week. NEW DELHI: After racking up robust gains, the stock market may take a breather, with possibility of some correction in a holiday-shortened week ahead, say experts.Investors will track the progress of monsoon for further cues. All these will set the tone of the market going forward," said Jimeet Modi, CEO, SAMCO Securities.

Source: Economic Times July 03, 2016 05:26 UTC