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Quarterly results to drive stock markets; oil, rupee also to be watched: Experts

Trading in the stock market will continue to be guided by the ongoing quarterly earnings season, with some blue-chips like Wipro and Bharti Airtel scheduled to announce their results this week.

 
 
With two and a half months still remaining in the current calendar year, the net FII withdrawals could well cross the psychological mark of Rs 1 lakh crore.
After opening flat in early trade, the indices entered negative territory amid weak Asian cues as worries over China-US trade dispute also impacted sentiment.
The rupee rose 54 paise intra day to hit a high of 73.58 per dollar compared to its previous close of 74.12 in the forex market.
 
 
Non resident Indians are a happy lot as a slump in rupee has given them a windfall gain on their foreign exchange earnings.
The rupee strengthened 53 paise to 73.59 (intra-day) against the US dollar in the forex market.
Crude oil prices fell to $80.24 per barrel in international trade making imports cheaper for India which meets 81 percent of its oil needs via imports.
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