Monthly US non-farm payroll jobs data and its implications for when the Federal Reserve raises interest rates would decide initial trend of Indian stocks for coming week
India's inflation data for April key thereafter. Updates on India's new panel to sort out retrospective tax issue would be on radar as well.
Indian shares are likely to continue bounce from near 6 and1/2 month closing lows. Nifty expected to trade between 8,000 and 8,400 in coming week.
Pharmaceutical stocks on watch ahead of key earnings including Dr.Reddy's Laboratories and Lupin
Benchmark government bond may trade in 7.90 to 8.10 percent range
Rupee to trade in 63.40-64.45 range
KEY FACTORS/EVENTS TO WATCH
Monday: Bank of Baroda earnings; April trade data (tentative)
Tuesday: Dr Reddy's Laboratories results; April CPI data, March Industrial and manufacturing output
Wednesday: Lupin earnings; money supply data
Thursday: Jubilant Food results; April WPI data
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