Week Ahead: Macro data, FII mood, global cues among key market triggers as Nifty 50 eyes 22,150+ this week


Source: livemint.com livemint.com

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Investors will eye several stock market triggers in the third week of the month including domestic macroeconomic data, US Federal Reserve minutes-of-the-meeting, crude oil prices, foreign capital inflow, along with global cues. Markets traded volatile in the continuation to the prevailing consolidation phase but managed to edge higher. The beginning was subdued however gradual recovery in the following sessions not only pared losses but also helped the index to close around the week’s high. On the benchmark front, both Nifty and Sensex gained over a per cent each to settle at 22,040.70 and 72,426.64 levels respectively as investors shift their...