The market will keenly observe how the distribution and logistics for the vaccine happens and what is the effectiveness of the vaccine in controlling further spread of COVID-19.
In the coming days, the market will also focus on Brexit trade deals which are expected to be finalized soon and fallout in the economy due to strict lockdown, according to an analyst
For 2021, there is a lot that investors need to factor in before they plan their trades. Will valuations play a spoilsport, will coronavirus continue to hit businesses, and where will inflation head to?
Nifty futures were seen trading 47.50 points down at 13,435.50 in early deals on Singaporean Exchange, hinting a negative opening for BSE Sensex and Nifty 50 on Wednesday.
Markets reacting to economic fallout from the coronavirus is not new; there have been four other major 'Black Swan' events in the past three decades which made Sensex decline up to 58 per cent.
Asian shares edged up on Friday but were on track for a weekly loss, while the dollar was poised for a winning week as comments from a key Federal Reserve official led to increased betting on the Fed hiking interest rates as
US stocks rallied in volatile trading on Wednesday after the Federal Reserve announced it is raising its key policy rate for the first time in nearly a decade.