From latest GDP data to global cues to rupee movement, here's what will drive market this week
"The market is expected to remain in the profit-booking zone. IT stocks are undoubtedly riding on the bandwagon of rupee depreciation, but in the short to medium term they have reached their overbought levels and are likely to correct soon," said Jimeet Modi, Founder & CEO, SAMCO Securities.
The rupee on Friday slumped 26 paise to breach the historic low of 71 level for the first time against the US currency, Image source: Reuters