Dalal Street Week Ahead | Stocks and Commodities

August 11, 2014
Time: 8 am

Dalal Street Week  Ahead:

1. I could not bring "Post Market Report" on Friday as I was too busy.
2. On Friday, FIIs have sold for Rs 504 crores and DIIs have bought for Rs 456 crores.
3. On Friday night, there was a news that Russia is working to deescalate tension at Eastern Ukraine.
4. So US markets shot up after that news, despite US bombing Iraq militants.
5. On Monday, Asian markets will react to this positive news. There are no other market moving news. Tata Motors will declare Q1 results.
6. On Tuesday, IIP data and CPI data will be declared after the makets close. BHEL, Coal India, Oil India, Sun Pharma will declare results.
7. On Wednesday, Industrial Production data from China and Core retail sales data from US are due. ONGC will declare results.
8. On Thursday, WPI data is due. German GDP, Euro area CPI data are due. Results are due from Cipla.
9. On Friday, our markets are closed for Independence day.
10. Finance Minister insisting for rate cut, SEBI allowing Infra companies and Real Estate Companies to raise funds through reits to cut their debt are two important developements over the week end.
11. Nifty future is likely to trade between 7550 and 7850 next week. In fact it is likely to trade in this range for the whole of August series.