Dalal Street Week Ahead | Stocks and Commodities

December 28, 2014
Time: 9.45 am

Dalal Street Week Ahead:

1. Last week markets fell due to expiry jitters.
2. Next week will be a full 5 day week for us whereas it will be truncated week for most world markets.
3. Next week will be a quite week for most world markets but not for our markets.
4. There are plenty of news that will influence our markets next week.
5. First and most important news is the clarification by MoS that there is no plan to ban P Notes which is an extremely positive news.
6. The real effect of this news may be felt once FIIs come back from holidays.
7. Japan announcing 29 billion stimulus is another positive global news.
8. MoF considering extending excise duty cut for auto sectors up to March 31 is a good for auto sector.
9. There are some negative news also.
10. Reliance shutting one of its plants for one month is a negative news for already weak Reliance. It will affect the whole energy sector as Crude oil continue to fall in global markets.
11. China's trade growth falling is another bad news and hence commodities sector particularly metal sector will continue to be under pressure.
12. But China may consider some stimulus measures like waiving of reserve requirements for Bank Deposits.
13. If any such thing happens, then it will be good for the markets.
14. Due to very low volume by FIIs as most of them are on holiday and with some strong news flow, our markets are likely to be volatile next week also.
15. Nifty future is likely to trade between 8000 and 8400.