The Indian market is expected to consolidate on Tuesday, following tepid global cues. The S&P BSE Sensex plunged over 500 points, but the Nifty50 held on to its 17700 levels on Monday. According to Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, options data suggests a trading range shift between 17400 and 18000 zones.
US stocks: US market rises on the day but falls for the week; bond yields and Iran in focus
Major U.S. stock indexes finished Friday higher, but recorded weekly declines. Investors reacted to fluctuating government bond yields and Middle East developments. Stronger services sector