Volatile Trading could be expected in the forthcoming week as traders roll over positions in the Future and Option (F&O) segment from the near month May series to June expires. The May 2021 Future Option contracts will expire on Thursday, 27 May 2021.
With earnings season largely coming to a close, share markets this week would be directed by updates on the COVID-19 front as well as global trends for further direction, as per analyst points of view. National and international macro-economic data, corporate earnings, Covid-19 updates and global cues also are the key factors to guide the stock market this week.
Major stocks in focus:- India Inc will continue to report its March quarter earnings. Grasim Industries will declare its fourth-quarter result on 24 May 2021. Sun Pharma and Eicher Motors will announce their Q4 result on 27 May 2021. BPCL, and Central Bank of India are also among the few major companies scheduled to announce their quarterly earnings this week.
On the coronavirus front, investors would continuously watch out government's course of action along with progress on the vaccination drive. Various states have imposed or extended lockdowns for another few weeks to control the rise in cases which could impact the economy.
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