Investors will take a cue from global developments this week, with the focus now shifting from domestic earnings to developments in the Eurozone. Top European leaders will meet on Monday to decide two crucial measures for Greece - a Euro 130-billion rescue package and a Greek bond swap with private bondholders. The outcome of the European leaders' meeting will weigh on sentiment when the market opens on Tuesday, after Monday's holiday on account of Maha Shivratri. The US markets will also be shut on Monday to mark the President's Day. The market is likely to be volatile ahead of expiry of futures contracts on Thursday.
Source: Economic Times
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