Dalal Street Week Ahead | Stocks and Commodities

January 25, 2015
Time: 8.45 am

Dalal Street Week Ahead:

1. Last week ECB news dominated the world markets.
2. Indian markets closed at all time high.
3. Next week is a truncated week.
4. Monday markets are closed due to Republic Day holiday.
5. But Greece results and any announcement due to Obama's visit will be keenly watched.
6. On Tuesday, our markets will react to all these news. FIIs have bought for more than Rs 2000 crores in cash market on Friday. So the downside may be limited. If any good news then markets will make another high.
7. After our markets close, US Core Durable Goods order and New Home Sales data are due from US.
8. On Wednesday, there are no important news flow.
9. There are no important corporate results on Tuesday and Wednesday.
10. On Thursday, DR REDDY, HDFC and IDFC results are due.
11. Pending Home Sales data is due from US.
12. On Friday, Bank of Baroda, ICICI Bank results are due.
13. Due to expiry, markets may be volatile.
14. If any positive news flow, Nifty may even cross 9000.
15. If any negative news flow, then Nifty may come down to 8700.
16. So Nifty is expected to trade between 8700 and 9000.