Dalal Street Week Ahead | Stocks and Commodities

July 14, 2014
Time: 8 am

Dalal Street Week Ahead:

1. Last week markets fell first on Portugal news.
2. Then on Friday afternoon, markets fell on GAAR issue.
3. Though clarification has come regarding GAAR issue, we do not know how FIIs are going to read this clarification.
4. This week is all about GAAR.
5. Nifty future is likely to fall another 200 to 250 points if FIIs are not satisfied with the clarification.
6. Upside will be limited to 7800.
7. On Monday, WPI Inflation and CPI Inflation data are due.
8. On Wednesday, China GDP data and Industrial production data are due.
9. On Thursday, Philadelphia Manufacturing Index and building permits data are due from US.
10. On riday, Michigan Consumer Sentiment data is due from US.
11. Also results from DCB Bank, Kotak Bank, TCS will influence the markets this week.