MARKET EYE WEEKAHEAD-Parliament session, futures expiry to keep shares volatile

Fri Nov 23, 2012 5:52pm IST

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Coal Mining In The Punjab

Coal Mining In The Punjab

In Choa Saidan Shah miners dig coal with crude pick axes and load it onto donkeys to be transported to the surface earning a team of 4 workers around $10 to be split between them.  Slideshow 

* Indian shares are expected to remain volatile, as investors
watch the winter session of the parliament, which is expected to
test the government's will to pass key reforms, including for
the pension and insurance sectors.
* The week also marks the expiry of November derivative
contracts, while the July-September GDP data will be released on
Nov. 30.
* Global risk factors will also be key as the U.S. Congress is
expected to resume negotiations over the budget, while IMF and
European Central Bank officials will meet on Monday over Greek
aid.
* Traders will also await a government committee report on its
findings over accusations of illegal mining in the state of Goa.
   
KEY FACTORS/EVENTS TO WATCH: 
Sat-Sun: BANCON, annual banking conference in Pune
Mon: Bajaj Hindusthan Ltd July-Sept earnings.
Wed: Markets closed for a public holiday
Thurs: November futures and options contracts expiry
Fri: July-Sept GDP, bank credit and forex reserves data

 (abhishek.vishnoi@thomsonreuters.com /
abhishek.vishnoi.reuters.com@reuters.net)
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