Reuters Market Eye - Markets are expected to remain volatile, as investors watch the winter session of the parliament, which is expected to test the government's will to pass key reforms, including for the pension and insurance sectors.
The week also marks the expiry of November derivative contracts, while the July-September GDP data will be released on November 30.
Global risk factors will also be key as the U.S. Congress is expected to resume negotiations over the budget, while IMF and European Central Bank officials will meet on Monday over Greek aid.
Traders will also await a government committee report on its findings over accusations of illegal mining in Goa.
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With the crucial GDP data scheduled to be announced along with key corporate results, volatility is expected to prevail in the upcoming week. Disappointment on these fronts may push the Nifty down to the 7,200-7,500 range. Once we witness stability and consolidation, investors should increase their exposure, says Ambareesh Baliga. Full article