GDP data, global cues to drive D-Street

The pace of GDP expansion in the Indian economy and cues from global markets will set the tone on Dalal Street this week, analysts said. Investors will have their eyes on the gross domestic product (GDP) growth numbers for the first quarter of 2010- 2011, to be released on Tuesday. "The markets had been moving within a broad range for quite sometime, with choppy movements. The overall sentiment is likely to remain weak,"brokerage house ICICI Direct said.
Continue Reading