Market slumped in a truncated trading week in sync with fall in global stocks on uncertainty about the outcome of US presidential elections next week. The Sensex fell in all the four sessions of the week. The market remained closed on Monday, 31 October 2016 on account of Diwali Balipratipada.
The Sensex, slumped 656.06 points or 2.34% to settle at 27,274.15, in the week ended 4 November 2016. The Nifty shed 191.95 points or 2.22% to settle at 8,433.75.
Macroeconomic data, outcome of US presidential elections, Q2 results of India Inc, trend in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement of rupee against the dollar and crude oil price movement will dictate oil price movement will dictate trend on the bourses in week ahead.
