Analysts predict volatility of markets for the week

According to analysts, the benchmark indices are expected to be volatile this week due to derivatives expiration. The major factor driving market trends in the future will be continuous quarterly results. Tech Mahindra, Ambuja Cement, Axis Bank, Adani Ports, L&T, Bajaj Auto, ITC, Maruti Suzuki, DLF, Indigo, and Tata Power are among the companies that will report earnings this week.

They said that markets will keep a watch on global stocks for more information. For the September 2021 quarter, ICICI Bank posted its highest-ever quarterly profit on a standalone basis of Rs 5,511 crore. Reliance Industries, owned by billionaire Mukesh Ambani, announced a 43 percent increase in net earnings for the September quarter on Friday. The 30-share BSE benchmark fell 484.33 points, or 0.79 percent, last week.