Dalal Street Week Ahead | Stocks and Commodities

November 9, 2014
Time: 6.30 pm

Dalal Street Week Ahead:

1. Last week was a truncated week.
2. Markets consolidated as expected.
3. Between last Friday and Previous Friday, Nifty moved up just by 15 points.
4. Coming week may not be the same.
5. On Monday, markets may open with a slight positive bias as FII buying on Friday was one of the highest in recent months.
6. Also CPI inflation data is due from China.
7. On Tuesday, there are no major news flow.
8. On Wednesday, Tata Steel results is due. IIP and CPI Inflation data are due after the markets close.
9. On Thursday, Industrial Production data is due from China. Cipla, DLF, Sun Pharma and Hindalco results are due.
10. On Friday, WPI data is due. ONGC, Tata Motors, SBI results are due.
11. Nifty is likely to trade between 8200 and 8600.
12. As earnings season is coming to a close by Friday, most actions will happen in the coming week.