Going by the buzz on the Street, here some factors that are likely to chart market direction in the coming week. The upcoming week may witness more volatility as market participants will adjust their F&O positions as July series contracts expire on July 25.
On the global front, market participants would watch key macroeconomic data from the US. The slowing economy concerns were further heightened as consumer good sales in rural areas have slowed down amid delayed monsoon rains. The market will also react to June quarter earnings.