Hope of more reforms, rally in PSU banks and auto stocks post booster measures announced by the government on Friday, escalating US-China trade war and Q1 GDP data are some of the factors which may drive markets next week.
Indian market changed course to end in the green on Friday, this post reports emerged that government may consider taking back its decision to impose surcharge on FPIs and also relax 35% free float norm.
India Week Ahead: Earnings, Fed, BoE & BoJ rate decision, Trade talks & Macro eco data to guide markets. Let's take a look at the factors that are likely to influence market movement in the coming week.
Indian markets slipped on Friday to close nearly 0.2 per cent down, Nifty slipped 30 points to marginally close above the 11550 level. Here's a look at events and news that may guide the markets coming week.
Indian markets snapped a 4-day gaining streak as Union budget failed to impress the street. Benchmark index Nifty closed over 170 off day’s high to settle around 11,800 level. Lets take a look at some events which will guide the markets this week.
For the week Sensex closed up 0.5 per cent, Nifty rose 0.5 per cent and Nifty Bank gained 1.5 per cent. UPL 5.2 per cent, NTPC 5.1 per cent, Hindalco 5 per cent, Sun Pharma 4.8 per cent, M&M 4.7 per cent and Axis Bank 4.4 per cent were among Nifty gainers.
Indian market slipped nearly 1 per cent on Friday, Nifty fell over 100 points to settle below the 11,750 mark. All sectors barring PSU banks closed in the red. Also A look at some events which will guide the markets.