Markets Weekahead
Too good to last much longer
The markets have run up too fast too soon to sustain without a healthy correction. In the near term, global markets cues, FII activities and rupee movement remain the key, writes Ambareesh Baliga. Full Article
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DIARY - India - Feb 8-26
For company board meeting and results dates double-click on <BSE/MEETINGS1>, <BSE/MEETINGS2>, <BSE/MEETINGS20>. To navigate forward and backward between pages use function keys F11 and F12.
For a timetable of economic indicators, double-click on [ID:nINDATA].
For a diary of world treasury events, double-click on [MI/DIARY]
For Top News summaries, double-click on square brackets. Front Page [TOP/NEWS] Politics and General [TOP/G] Global Economy [TOP/MACRO] U.S. Companies [TOP/EQU] Forex [TOP/FRX] European Companies [TOP/EQE] FX News [FXNEWS] Asian Companies [TOP/EQA] Fixed Income [TOP/DBT] Fund Management [TOP/FUND] Corporate Finance [TOP/DEALS] Asian News [TOP/ASIA] Financial Analysis [TOP/INSI] Economy Health Watch [WORLD/ECON] Sports [TOP/SPO] .................. Access to some items may depend on subscription level ..................
MONDAY, February 8
------------------
Markets (Previous close):
- BSE index .BSESN 15,915.65 points (+0.8 pct)
- .999 gold (Mumbai) INBULL 16,140 rupees (-510 rupees)
- Rupee INR=IN 46.73/74 per dollar (45.24/26)
- 6.35 pct 2020 bond yield IN063520G=CC 7.68 pct (7.70) * NEW DELHI - Central Statistical Organisation releases advance GDP estimates for 2009/10 at 11 a.m. (0530 GMT). * NEW DELHI - Turkish President Abdullah Gul on five-day India visit to meet political and business leaders. * MUMBAI - C.B. Bhave, chairman, Securities and Exchange Board of India, releases book 'Glimpses of Indian stock markets' by M.R. Mayya. Venue: Indian Merchant's Chamber, IMC Building; 5 p.m. (1130 GMT).
TUESDAY, February 9
------------------- * MUMBAI - First day of the 18th NASSCOM India Leadership Forum 2010. Venue: Hotel Grand Hyatt; 9 a.m. to 8:15 p.m. (0330 to 1445 GMT).
WEDNESDAY, February 10
---------------------- * MUMBAI - Second day of NASSCOM India Leadership Forum 2010. Venue: Hotel Grand Hyatt; 8:30 a.m. to 7 p.m. (0300 to 1330 GMT).
THURSDAY, February 11
--------------------- * MUMBAI - Third day of NASSCOM India Leadership Forum 2010. Venue: Hotel Grand Hyatt; 8:30 a.m. to 4:30 p.m. (0300 to 1100 GMT).
FRIDAY, February 12
-------------------
Data:
Industrial output at noon (0630 GMT).
Forex reserves, M3 money supply, Bank credit at 5 p.m. (1130 GMT).
MONDAY, February 15
------------------- * MUMBAI - D. Subbarao, governor, Reserve Bank of India, will be present at C.D. Deshmukh memorial lecture on 'ensuring financial stability'. Venue: V.B. Chavan Centre; 4:45 p.m. to 6:40 p.m. (1115 to 1310 GMT).
FRIDAY, February 19
-------------------
Data: * Forex reserves at 5 p.m. (1130 GMT).
MONDAY, February 22
------------------
NEW DELHI - Budget Session of Parliament begins.
FRIDAY, February 26
-------------------
Data: * Fiscal deficit at 4 p.m. (1030 GMT). * Forex reserves, M3 money supply, bank credit at 5 p.m. (1130 GMT).
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* new entry
** To include items in this diary, phone Timothy David in Mumbai on 022 6636 9000 or fax Reuters on 022 2264-1699/1708 or mail to bom.newsroom@reuters.com
NOTE: The inclusion of diary items does not necessarily mean Reuters will file a report based on the event.
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