Markets Weekahead: Derivatives' expiry key for Indian stocks

Fri Dec 21, 2012 6:37pm IST

People walk past the Bombay Stock Exchange (BSE) building in Mumbai January 9, 2009. REUTERS/Punit Paranjpe/Files

People walk past the Bombay Stock Exchange (BSE) building in Mumbai January 9, 2009.

Credit: Reuters/Punit Paranjpe/Files

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Reuters Market Eye - Indian markets are expected to remain volatile ahead of the expiry of derivatives on Thursday and given the anxiety over the so-called U.S "fiscal cliff" negotiations at a time of thin volumes.

Developments in the U.S. fiscal cliff talks are expected to especially affect software service exporters such as Infosys (INFY.NS) and Tata Consultancy Services (TCS.NS).

Tuesday: Christmas holiday

Wednesday: The government may take a final call on raising import duties on sugar.

Thursday: Derivatives expiry for December

(Reporting by Manoj Dharra)

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