Markets Weekahead: Sideways Share Trading Expected After Record Highs

The Nifty could trade range-bound after climbing to record highs four times in the week ended August 22.

The expiry of monthly derivatives contracts on Thursday is expected to raise caution.

India also due to announce April-June current account deficit data sometime in the next week and GDP (Gross Domestic Product) data on Friday.

Global factors will also be key with US Federal Reserve chief Janet Yellen due to give a speech in Jackson Hole, Wyoming, later in the day.

KEY EVENTS/FACTORS TO WATCH

Tentative: April-June Balance of Payments and Current Account data

Friday: Market closed for local holiday

April-June GDP (5:30 pm)

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