The Indian stock market came under renewed selling pressure during the holiday-shortened last week as rising oil prices, persistent FII selloff and other headwinds spooked investors on Dalal Street, pushing Nifty and Sensex down more than 2% to snap a two-week gaining streak.
Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the coming week. The following are the edited excerpts from his chat:
