Indian stocks could see volatility in the near-term as investors take cues from inflation and factory output numbers next week, say experts.
Besides, foreign investor activity, movement of rupee against US dollar and crude oil price would continue to set the tone for trading. This week would be a crucial one since participants would be eyeing the release of consumer price index data for November on December 12. On the same day, market would also be awaiting the release of IIP data for October," said Jayant Manglik, President-retail distribution, Religare Securities.
Further, participants would also be keeping a track of development taking place in the ongoing winter session of Parliament, which commenced on November 24 and is set to conclude on December 23, he added. Over the past week, the benchmark Sensex fell by nearly 236 points to 28,458.10, -- logging its first weekly drop in seven weeks. last month, the index had gained 828.16 points to hit its all-time high of 28,822.37 on November 28.