Market weekahead - RBI policy, reforms key for stocks

Fri Dec 14, 2012 4:44pm IST

A broker monitors share prices at a brokerage firm in Mumbai August 5, 2011. REUTERS/Danish Siddiqui/Files

A broker monitors share prices at a brokerage firm in Mumbai August 5, 2011.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

Reuters Market Eye - The market is seen on hold ahead of the RBI's rate review on Tuesday.

Most analysts expect the RBI to leave interest rates on hold and say the RBI could instead cut the cash reserve ratio.

An unexpected jump in industrial output and lower-than-expected inflation are reinforcing hopes the RBI could start cutting interest rates in January.

Further traction on reforms are also anticipated as the winter session of parliament is due to end on December 20.

The government has already approved or passed a slew of fiscal and economic reforms, but bills are pending on banking, pension and insurance.

KEY FACTORS/EVENTS TO WATCH:

Saturday: Prime Minister attends an industry event in New Delhi

Tuesday: RBI reviews monetary policy

Thursday: Parliament's winter session ends, India hosts ASEAN summit

Friday: Weekly forex reserves, bank loan data.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

COAL BLOCK ALLOCATIONS

REUTERS SHOWCASE

Banned From Bidding

Banned From Bidding

India bans Finmeccanica from bidding for contracts amid graft case.  Full Article 

Sugar Talk

Sugar Talk

Sugar export rebound at risk from rising domestic prices.  Full Article 

GDP Preview

GDP Preview

Economy likely grew faster in June quarter: Reuters poll.  Full Article 

New Ordeal

New Ordeal

After disasters, stricken Malaysia Airlines staff brace for job cuts.  Full Article 

Deal Talk

Deal Talk

Kleiner to invest in messaging startup Snapchat at near-$10 bln valuation - report.  Full Article 

Expert Zone

Expert Zone

Column - Why inflation is so persistent.  Full Article 

Reuters India Mobile

Reuters India Mobile

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