Photo: ReutersNew Delhi: Macroeconomic data, movement of the rupee and trend in global crude oil prices would be crucial for the stock markets this week, say experts. Key data like bond yield, INR, oil prices, liquidity and equity valuation has to normalise which may take some more time,” said Vinod Nair, Head of Research, Geojit Financial Services. “The lingering concerns seems to be around crude oil prices, global interest rates and the ongoing global developments on the trade front. The macro needs monitoring and INR and crude oil prices could be leading the way for markets going forward,” said Lakshmi Iyer, CIO (Debt) and Head of Products, Kotak Mahindra Asset Management Company. Stock markets took a beating last week over rupee woes and crude oil prices.

Source: Mint October 07, 2018 08:48 UTC