MARKET OUTLOOK : Q2 EARNINGS , FII FLOWS , GLOBAL YIELDS TO DRIVE DALAL STREET NEXT WEEK

What happened: Indian markets are expected to take cues next week from September-quarter earnings, FII flows, global bond yields and crude oil prices, after the Nifty rose 2.77 per cent and the Sensex gained 3.11 per cent for the week. Key numbers: Sensex closed at 74,729.27, up 413.66 points or 0.56 per cent. Why it matters: Earnings and management commentary from banking, consumption and industrial companies will show whether the recovery can broaden beyond IT stocks. Renewed rises in bond yields could pressure equity valuations, while sustained FII selling could weigh on equities.

Indian markets are expected to take cues next week from September-quarter earnings, FII flows, global bond yields and crude oil prices, after the Nifty rose 2.77 per cent and the Sensex gained 3.11 per cent for the week.

Earnings and management commentary from banking, consumption and industrial companies will show whether the recovery can broaden beyond IT stocks. Renewed rises in bond yields could pressure equity valuations, while sustained FII selling could weigh on equities.