Progress of monsoon, investment trend by foreign investors and the movement of rupee against the dollar will also influence sentiment
Auto and index heavyweights Reliance Industries and ITC were the top losers in early trades.
Though the markets have lost ground since the past few sessions, analysts do not seem worried.
Analysts expect earnings to become increasingly relevant given that the stocks have rallied on positive sentiment and the gush of liquidity. Macro factors, they suggest, have already led to a large re-rating in most counters
After giving negative or low returns from 2013-2016, the Nifty Realty Index is up a whopping 91.14 per cent, making it the best performer year-to-date. Can you still make money in this sector? Sanjay Kumar Singh finds out.
Ricoh India, the largest gainer among these pack, has rallied 192 per cent from Rs 294 to Rs 859 on the BSE so far in the current calendar year.
Ashok Leyland, ITD Cementation India have more than doubled.
The consolidated entity can target good growth FY18 onwards, analysts say.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
Beat gains made by mid-cap, broader indices.
Nifty is likely to remain under selling pressure unless and until it breach the 7,700-7,720 levels on closing basis.
Overall market benchmark Sensex is headed for its worst performance in four years with a decline of 1,650 points
Before participating, consider company's long-term prospects, premium offered and acceptance ratio.
The event will also hurt PNB's asset quality in the March 2018 quarter. While the finer details of the fraud have not been provided, making it difficult to gauge the exact impact, analysts say it will dent the bank's financials.