Dalal Street Week Ahead | Stocks and Commodities

July 27, 2014
Time: 7 pm

Dalal Street Week Ahead:

1. Last week, Nifty touched all time highs on three days.
2. But Friday, profit booking came and closed lower.
3. Next week is expiry week.
4. Also truncated week.
5. Many key companies will declare results.
6. All these will add to the volatility.
7. Despite the volatility, Nifty is expected to expire between 7700 and 7900.
8. On Monday, HUL, BOB and L&T will declare results.
9. Pending Home sales data is due from US.
10. Markets are closed on Tuesday. Consumer confidence data is due from US.
11. On Wednesday, Bank of India will declare results. ADP Non Farm payroll data is due from US.
12. On Thursday, ICICI Bank, Maruti, DLF and NTPC will declare results. Also Chinese Manufacturing PMI data is due.
13. On Friday, Manufacturing PMI data is due from India. Unemployment and Payroll data are due from US.
14. Also monthly auto sales and cement dispatch data are due.
15. Markets will be very volatile but within a range of 7700 to 7900.