Global markets along with the GDP data scheduled to be released later in the week is likely to steer the domestic stock markets going ahead.  As per market analysts,  selling in stocks may  happen in the markets across the globe as worries of increasing US Bond yield and inflation kept investors' mood gloomy.

Trading could be volatile in the forthcoming week as traders roll over positions in the Future and Option  segment from the near month January series to February series. The February 2021 Future-Option  contracts will expire on Thursday, 25 February 2021.

Macroeconomic data, the movement of rupee against the dollar and crude oil prices will dictate trend on the stock exchanges in the near term. Investment by foreign portfolio investors and domestic institutional investors will be in focus in this week.

On the macro front, India's gross domestic product (GDP) for the fourth quarter will be released on 26 February 2021. India's infrastructure output data for January will be unveiled on 26 February 2021.

Global cues will continue to be in focus. Updates related to COVID-19 will be closely watched. Also on the radar will be news on Covid vaccine development. From here on the pace of the improvement of economic indicators along with outcomes of a possible vaccine or cure for COVID-19 would determine the movement of the market.

GST: States’ GST revenue shortfall may be lower by up to Rs40,000-Cr this fiscal

Sitharaman breaks silence on rising prices of petrol-diesel

Take Full benefit Of PLI Schemes To Attract Maximum Investments': PM Modi