Dalal Street Week Ahead | Stocks and Commodities

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March 2, 2014
Time: 11.45 am

Dalal Street Week Ahead:

1. Last week our markets rose by 2%.
2. US markets also hit record high last week.
3. FIIs continued to buy lifting sentiment here.
4. Next week the momentum is likely to continue.
5. Yesterday the officail manufacturing PMI from China came 50.2, slightly better than expected.
6. On Monday, Chinese HSBC Manufacturing PMI, German, UK, India and US manufacturing PMI data are due.
7. On Tuesday there are no market moving news.
8. On Wednesday, Services PMI data is due from China, India, UK and US.
9. Also ADP Non Farm Payroll data is due from US.
10. On Thursday, there are no market moving news except jobless claims data from US.
11. On Friday, Non Farm Payroll data and unemployment data from US are due.
12. Nifty is likely to trade between 6200 and 6400 next week with positive bias.