Moneycontrol Be a Pro
Get App
Last Updated : Apr 07, 2013 10:23 AM IST | Source: Reuters

Market Weekahead - Shares to track foreign flows, Infosys

Indian stock markets will be closely tracking foreign investor activity.Worries that foreign institutional investors (FIIs) would start paring some of their holdings led the Nifty to its lowest close since the government's "big bang" reforms in September sparked a powerful rally.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Indian stock markets will be closely tracking foreign investor activity.


Worries that foreign institutional investors (FIIs) would start paring some of their holdings led the Nifty to its lowest close since the government's "big bang" reforms in September sparked a powerful rally.


Infosys Ltd, India's second-largest software services company, will report fiscal fourth-quarter results on Friday, setting the tone for Jan-March earnings results season.


Meanwhile, factory output data for February and March CPI data will set the tone for the May 3 policy review.


Also read: Sensex may sink to 16000 as bears step up game says First Global


India's record high current account deficit in the December quarter has sparked concerns the central bank may keep rates on hold next month.


KEY FACTORS/EVENTS TO WATCH


Monday: Trade Minister Anand Sharma press briefing in Switzerland


Tuesday: India's National Green Tribunal will hear a case over the closure of Sterlite Industries Ltd copper smelter.


Wednesday: Trade data for March


Money supply data


Friday: Feb industrial output data


March CPI data

Infosys, Development Credit Bank Ltd Jan-March earnings



Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.
First Published on Apr 7, 2013 09:52 am
Loading...
Follow us on
Available On