New Delhi : The upcoming expiry of derivatives, the movement of the rupee and polls in Greece – coupled with Chinese currency and stock positions – are expected to trigger volatility in the Indian equity markets in the coming week, reports IANS.
Last week, Sensex lost 701.24 points to 27,366.07.
Analysts cautioned that the slide in the rupee value, which saw it close Friday at Rs.65.83/$ – a two-year low and breaching of the Rs.66 mark in futures markets – has unnerved investors. The major catalyst for the slide has been the devaluation of yuan, intended to boost Chinese exports.
