Dalal Street Week Ahead | Stocks and Commodities

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December 29, 2013
Time: 6.15 pm

Dalal Street Week Ahead:

1. Our markets are in holiday mood.
2. There will be no significant move for next few days.
3. On Monday, there are no market moving news here, pending home sales data is due is US.
4. On Tuesday, there are no market moving news here, consumer confidence data is due in US.
5. On Wednesday, there are no market moving news here, Manufacturing PMI data is due from China.
6. On Thursday, Manufacturing PMI data is due from India, France, German, UK, ISM Manufacturing PMI data is due from US and HSBC Manufacturing PMI data is due from China.
7. On Friday, India HSBC Services PMI is due.
8. Markets direction will be decided by FII inflows, currency movement and global cues.
9. There may be some momentum towards the second part of the week.