Mumbai, Jan. 19 -- The ongoing quarterly result season along with the build-up of expectations on budgetary sops are expected to determine the equity market's movement next week, analysts said.

Additionally, high stock valuations and direction of foreign fund flows will impact the risk-taking appetite of domestic investors.

"In the coming week, investors will eye the next batch of corporate results, including Zee Enter, Asian Paints, Axis Bank, L&T, Ultratech and ICICI Bank among the larger ones," HDFC Securities' Retail Research Head Deepak Jasani said.

"The rise in the broader markets currently seems to be funded by traders and HNIs who are banking on the absence of negatives in these stocks and low institutional holdings in these st...