Sensex, Nifty week ahead: Key factors to guide market this week

The BSE Sensex rose 256.7 points or 0.5% to close at 49,206.47 on Friday, whereas, the Nifty 50 ended the session at 14,823, up 98 points or 0.67%.

Covid updates: The country on Sunday reported over 4 lakh new covid cases for the fifth consecutive day.

Various states have imposed or extended lockdowns for another few weeks to control the rise in the cases which could impact the economy.

In the latter half of the week, it has managed to surpass the higher boundary of the cluster of resistance by a small margin.

Covid-19 updates, financial results, macro-economic data, global trends are some of the factors expected to guide the market sentiment this week, say analysts.

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