Stock markets are expected to be volatile this week
All around the globe share markets have been fluctuating recently as the companies are regularly announcing their quarterly profits and revenue. The U.S. stock market saw two of its historic fall and rise in two days before markets closed on Friday. Meta Inc. wiped out the enormous wealth of the investors on Thursday while Amazon tried to recover a significant chunk of what was lost on Friday. In this time of ongoing uncertainties, the Indian market is also expected to remain volatile this week. Analysts say that the Reserve Bank of India’s policy decision and the release of quarterly of different companies such as TVS Motors Co., Union Bank Of b, SAIL are going to affect the market this week. Santosh Meena, Head of Research, Swastika Investment Ltd said, "this week, domestic cues will dominate where RBI credit policy will be a key factor which is scheduled on 9th February. Q3 earning session is going on where the last batch of earnings will be another important factor. Apart from this, IIP data will be announced on Friday however that is scheduled after market hours".