On Saturday, the 30-share BSE Sensex fell 259.58 points or 0.36 per cent to settle at 71,423.65. The Nifty declined 50.60 points or 0.23 per cent to close at 21,571.80.
Global oil benchmark Brent crude slipped 0.03 per cent to USD 80.04 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 545.58 crore on Saturday, according to exchange data.
Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week.
Equity markets would also remain closed on Friday for Republic Day.
“Anticipations surrounding the upcoming budget may drive stock and sector-specific movements. Globally, attention will be directed towards Japan’s monetary policy and the US economic data, with a continued watch on geopolitical developments,” Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Read more:
