Stock markets may see volatile trading sessions this week amid derivatives expiry and will be guided by global cues for further direction in the short-term, say experts.
On the political front, developments in the budget session of the Parliament will also be keenly watched, he added.
The budget session of the Parliament will conclude on April 12.
Meanwhile, in a major setback to US President Donald Trump, House of Representatives Speaker Paul Ryan on Friday withdrew a healthcare bill aimed at repealing and replacing the ObamaCare policy from vote as the Republican party failed to muster the requisite votes to get the legislation passed.
Auto stocks will be in focus as companies will start reporting sales data for March, beginning Saturday.
Market movers and spotlight
The Dow Jones industrial average fell 59.86 points, or 0.29 percent, to close at 20,596.72, with Goldman Sachs leading decliners and Nike the top advancer.
The S&P 500 fell 1.98 points, or 0.08 percent, to end at 2,343.98, with materials leading seven sectors lower and utilities outperforming.
The Nasdaq composite advanced 11.04 points, or 0.19 percent, to 5,828.74.
Advancers and decliners were about even at the New York Stock Exchange, with an exchange volume of 397.30 million and a composite volume of 2.631 billion at the close.
The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.