After a week of busy domestic events, the stock market will once again turn its focus to global triggers, this time a meeting of the US Federal Reserve, the annual
Fresh worries over the 2G scam could add to the nervousness as the Central Bureau of Investigations is likely to file a second chargesheet in the case on Monday.
Upcoming Reserve Bank of India’s meeting on key rates will determine the direction for the market this week. September quarter results would be keenly tracked while US factory order
Economic data releases, including industrial output numbers and monthly inflation data, and September quarter results of a few frontline companies due towards the end of the week will decide the direction of the market this week.
Amid no trading in many Asian markets, and US Dow Jones somehow managing to end flat overnight, Indian benchmark indices failed to sustain the psychological levels they attained during the
The market will track domestic GDP numbers scheduled on Tuesday for direction this week in absence of any major triggers.
Tata Motors, Tata Power, Ranbaxy Laboratories, Unitech, Reliance Capital, Adani Enterprises, Britannia Industries, Suzlon Energy and Nalco are other prominent companies, which will announce their June quarter results this week.
The market is likely to continue its rally this week.
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