Trading seen cautious, earnings awaited
Trading is expected to remain cautious next week as a sudden slump in share price of Tata Motors and Ultratech Cement in late market hours on Friday would make investors take cautious bets.
Shares are expected to trade in a narrow range as sentiment remains muted after the central bank's comments on Tuesday and as traders watch out for earnings of auto major Mahindra & Mahindra
Market participants will watch for any announcement from the government about the upcoming budget.
India's plan to raise about USD 2 billion through a stake sale in power producer NTPC Ltd
Events to watch: