Dalal Street Week Ahead | Stocks and Commodities

February 1, 2015
Time: 2 pm

Dalal Street Week Ahead:

1. Last week markets were highly volatile.
2. Nifty fell or rose more than 100 points intraday in the last three sessions.
3. Major fall came yesterday as BoB and ICICI Bank came with bad results and Coal India issue sucked out the liquidity.
4. Manufacturing PMI from China is below 50.
5. Tomorrow before our markets open HSBC Manufacturing PMI will be out from China.
6. Friday's fall in US markets, poor manufacturing PMI from China will make sure that our markets open with negative bias.
7. During market hours, HSBC Manufacturing PMI data will be out. Also Manufacturing PMI data will be out from UK and US.
8. Auto sales data will influence the auto stocks.
9. On Tuesday, RBI policy and PNB results are the key events that will decide the rate sensitive stocks movement. ACC, Jindal Steel, Hero Moto, Lupin, NHPC, also will declare results.
10. On Wednesday, Services PMI data is due from India, China, UK and US. Also ADP Non Farm Payroll data is due from US. Tata Power, Bharti Airtel results are due.
11. On Thursday, there are no important newsflow. Results are due from Tata Motors.
12. On Friday, Non Farm Payroll data and Unemployment data are due from US. Results are due from NMDC and Tata Steel. 
13. Nifty is expected to trade between 8600 and 9200. Big move is expected on Tuesday.