MARKET EYE WEEKAHEAD-Parliament holds key for Indian shares

Fri Nov 16, 2012 4:13pm IST

Related Topics

Inside the Peshawar school

Inside the Peshawar school

The aftermath inside the Pakistan school where at least 132 students and nine staff members were killed by Taliban gunmen.  Pictures 

* Stock investors in India have their sights fully on the winter
session of parliament set to start on Thursday. 
* The government's will to pass reforms is considered critical
to revive stock markets that have faltered over the past
month-and-a-half.
* The benchmark BSE index rallied 7.7 percent in
September when the government announced a slew of measures,
including opening up the multi-brand retail sector to foreign
investment, that don't require parliament's approval.
* However, worries about implementation and the uncertain
passage in parliament of other key measures, such as foreign
direct investment in pension and insurance, have contributed to
a 2.4 percent fall in the BSE index since the start of October. 
* On the global front, developments in the euro zone as well as
on the U.S. "fiscal cliff" could also weigh on sentiment. 
    
KEY FACTORS/EVENTS TO WATCH:
Mon: Two-day RBI-Asian Development Bank conference 
Thurs: Winter session of parliament begins
Fri: Bank credit, forex reserves data. 

 (abhishek.vishnoi@thomsonreuters.com)
FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Hope for SpiceJet

Hope for SpiceJet

Former SpiceJet owner leading rescue plan: reports.  Full Article 

Oil Prices

Oil Prices

Oil rallies above $60, heads for 4th weekly decline on glut.  Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Reuters Exclusive

Reuters Exclusive

Google aiming to go straight into car with next Android – sources.  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage