"Trend in global markets, crude oil prices, Economic Survey, reform measures announcement in upcoming Railway Budget and rupee-dollar movement will dictate trend on the courses.

Indices may remain volatile with positive bias ahead of expiry of February series derivative contract in the week ahead", said Gaurav Jain, Director, Hem Securities.

Market experts said that F&O expiry and Budget will dominate the market sentiment in absence of major global cues.

"Markets may remain volatile as derivative contracts expire on Thursday. Market movement would depend on trend in global markets, investment by foreign investors and movement of crude oil prices", said Vivek Gupta, CMT – Director Research, CapitalVia Global Research Limited.

Overseas investors have pulled out a massive Rs 4,600 crore from the Indian capital markets this month so far, primarily on account of continuous fall in crude oil prices and fears of a global slowdown.     

"The next major trigger for the stock market is the Railway Budget and Union Budget 2016-1 7", said Vijay Singhania, Founder-Director, Trade Smart Online.

The Budget session of Parliament is set to start on Tuesday and the General Budget will be presented on February 29.

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