Markets weekahead - Parliament, futures expiry to keep shares volatile
Reuters Market Eye - Markets 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 November 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 Goa.
- Tweet this
- Share this
- Digg this
Prime Minister Narendra Modi has a long list of pro-growth measures to implement over the next four months, but time may have already run out to breathe enough life into the economy to meet the tough 2014/15 fiscal deficit target without cuts. Article