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Earnings next week to decide mkt movement

"We are in a period of consolidation, maybe at the start of the year after the late dash of 2010. Let us see where we move from here as we wade into earnings starting next week," suggests CNBC-TV18, Managing Editor, Udayan Mukherjee.

January 05, 2011 / 10:05 IST
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It has been a couple of quiet sessions for the market to start off 2011. Yesterday volumes were higher but the price action was very sideways, there was a little touch of volatility but otherwise very quiet markets. The Nifty has not moved, only midcaps moved on Monday but yesterday they went soft once again or sideways.

first published: Jan 5, 2011 09:21 am

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