"Infosys, Wipro and HCL Tech will come out with their numbers this week therefore we are going to see lots of volatility in the market, especially in the IT sector,” said Santosh Meena, Head of Research, Swastika Investmart.
"Markets are likely to spend some more time in a range and we expect volatility to remain high due to the scheduled derivatives expiry of June month contracts. With no major event, participants will be closely eyeing the global markets for cues.
"Investors would keep a close eye on coronavirus situation and movement of the US bond yield," said Satish Kumar, Research Analyst, Choice Broking.
Besides, investments by FPIs (Foreign Portfolio Investors) as well as domestic investors, movement of rupee against the US dollar and developments on the coronavirus front are likely to be closely watched for cues.
A relatively quiet week expected for Indian forex and debt markets in a holiday-shortened week.