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Week Ahead: Market likely to see some wild swings

© Provided by The Rahnuma Daily

The Indian stock market is likely to see some volatility in the coming week, as traders are set to roll over positions in the derivatives segment ahead of expiry of March series contracts.The market will track global economic data and the rupee’s movements against the U.S. dollar for direction. After rising to a 17-month high against the U.S. dollar, the rupee retreated slightly towards the end of last week.Shares of automobile and cement companies will be in focus ahead of release of sales and shipments data by automobile and cement manufacturers.The fuel price review to be undertaken by state-run oil marketing firms will set the trend for oil and aviation stocks.Investors will be following the proceedings in parliament, where the second part of the budget session is currently in progress.Economic data from the U.S., Eurozone and Asia will also make an impact on price movements back home.

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