SENSEX NIFTY
Feb 09, 2013, 04.28 PM IST | Source: Reuters

Mkt week ahead: Earnings, inflation key for Indian shares

Reuters Market Eye - December quarter earnings and WPI inflation will be the key for Indian shares in the short term.

Mkt week ahead: Earnings, inflation key for Indian shares

Reuters Market Eye - December quarter earnings and WPI inflation will be the key for Indian shares in the short term.

MCX-SX stock exchange launches equities trading. Volumes will be watched given its history of competition with the National Stock Exchange.

Dealers say any headline inflation reading of 7 percent or lower may lead to gains in shares on hopes of a March rate cut.

Also Read: Mkt gearing for 2014 polls, Budget may not worry: Experts

Also on watch, domestic institutional outflows where pace of selling has accelerated in 2013, relative to inflows from foreign investors.

KEY EVENTS/FACTORS TO WATCH

Saturday: Finance Minister P. Chidambaram, SEBI Chairman UKSinha at the launch of MCX-SX stock exchange.

Monday: Earnings of Oil and Natural Gas Corp , Tata Power Co

Tuesday: December IIP, January CPI, earnings of Hindustan Petroleum Corp , SAIL

Wednesday: Bharat Petroleum Corp , Tata Steel earnings

Thursday: January WPI inflation, earnings of Dr.Reddy's Laboratories , Tata Motors , State Bank of India, GAIL India , DLF

READ MORE ON  market, WPI inflation, UKSinha, SEBI, FM

ADS BY GOOGLE

video of the day

Be careful while betting on midcaps; like Kotak: Dimensions

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.