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Stock Market Live Updates: Sensex, Nifty eye global trends, foreign fund movement amidst derivatives expiry
Sensex, Nifty, Share Prices LIVE: Stock market investors are expected to focus on global trends and foreign fund movement this week, as there are no major domestic market-moving events scheduled. Analysts predict that there could be volatility in the market due to the monthly expiry of February month derivatives contracts. Investors should keep a close eye on the US and other global indices for cues. The US benchmark index, the Dow Jones Industrial Average, has resumed its uptrend and crossed a new milestone of 39,000. Other factors that may influence the market sentiment include crude oil prices, rupee movement, quarterly GDP data to be released in India and the US, and monthly global manufacturing PMI data. FPIs have put brakes on their aggressive equity selling spree, bringing down their net equity outflows to ₹423 crore so far this month.