Dalal Street Week Ahead | Stocks and Commodities

Sponsored by

February 9, 2014
Time: 10 am

Dalal Street Week Ahead:

1. Last week, in the first half markets all over the world were weak. 
2. In the second half most markets recovered.
3. Dow had two consecutive days of triple digit gains.
4. So on Monday, Nifty is likely to open gap up by 50 points.
5. Even in the first half, our markets out performed other markets.
6. There were few basket selling that brought the markets down suddenly by 1 to 1.5% in few minutes.
7. But due to strong DII buying, markets ended the week with a marginal loss of about half a percent.
8. Next week going to be data light week.
9. On Monday, there are no market moving news. Tata Motors, NMDC and JP Associats will declare results.
10. On Tuesday also there are no market moving news. Tata Steel and Dr Reddy's Lab. will declare results.
11. On Wednesday, IIP data and CPI data are due. BPCL, Cipla and Coal India will declare results.
12. On Thursday there are no market moving news, except retail sales data in US after our markets close. Hindalco, ONGC and Sun Pharma will declare results.
13. On Friday, WPI data is due. In US, Michigan Consumer Sentiment data is due. DLF, M&M and SBI will declare results.
14. As emerging markets currency troubles subside, market are expected to be bullish next week.
15. Pharma sector will be in focus as many Pharma companies declare results next week.
16. Auto sector will also be in focus as Tata Motors and M&M will declare results. And excise duty reduction expectation on Feb. 17 will also be an important thing to note.
17. On Friday, SBI results, last one from Banking Majors, will have some effect on Bank Nifty.