"Going ahead, markets are likely to be volatile due to monthly F&O expiry just ahead of the Union Budget that would be presented towards the end of the elongated week. "The Q3 result had solid expectations but actual results are marginally below expectation for sectors like IT and banks, leading to cautiousness in the market. "Going ahead, market direction will depend on the actual Budget announcements and performance of Q3 result. Week ahead is eventful with Union Budget, US Fed and BoE policy meets," said Vinod Nair, Head of Research, Geojit Financial Services. "This week will be dominated by Union Budget but global cues and Q3 results will also have some impact on the market.

Source: Mint January 26, 2020 08:15 UTC