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Markets likely to trade sideways as investors turn selective after earnings season
Benchmark indices are expected to trade sideways this week as investors weigh global cues, crude prices near $88/bbl and domestic inflation at 4.5% YoY. Key data releases include US housing data, China’s industrial output and RBI’s new loan reset norms. Sectoral trends show Nifty Media and Consumer Durables outperforming while Metal and FMCG lagged.
Benchmark indices are expected to trade sideways this week as investors weigh global cues, crude prices near $88/bbl and domestic inflation at 4.5% YoY. Key data releases include US housing data, China’s industrial output and RBI’s new loan reset norms. Sectoral trends show Nifty Media and Consumer Durables outperforming while Metal and FMCG lagged.
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