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Nifty week ahead: New Covid variant, FII behaviour, GDP data to be key factors

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Paytm while there was a brutal sell on Friday due to worries of new covid variant globally where at the end of the week, Nifty & Sensex ended with a cut of more than 4%, most since January.

New Covid variant, FIIs' behavior along with macro numbers will be key factors to drive the market next week. Covid related developments will remain key triggers for the market where the market will remain keenly interested to know the efficacy ratios of various vaccines against a new variant of Covid whereas restrictions-related news across the globe will also cause volatility.

The behavior of FIIs will also play an important role in the direction of our market because they are selling relentlessly for the last many days where they sold worth

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