MARKET EYE WEEKAHEAD-Focus on current account for Indian stocks

Fri Dec 28, 2012 5:27pm IST

Related Topics

Stocks

   

* India's current account data for July-September due on Monday
is emerging as the biggest domestic factor amid concerns it will
show a record high deficit, leading to a negative balance of
payments.
* Traders are also eyeing any official announcement on a hike in
diesel prices, after local media reported plans to gradually
raise fuel prices.
* Developments over the U.S. "fiscal cliff" also loom large,
with failure to clinch a deal seen hurting global equities. 
* Among individual stocks, investors also continue to wait for a
decision from Gulf carrier Etihad Airways, which has been in
talks to buy a partial stake of either Jet Airways or
Kingfisher Airlines.

Monday: July-Sept current account deficit, BOP
        Nov. infrastructure data, fiscal deficit
Wednesday: Dec. manufacturing PMI
Friday: Dec. services PMI 
        

 (manoj.dharr@thomsonreuters.com /
manoj.dharra.reuters.com@reuters.net)
FILED UNDER:

Surprise Rate Cut

Reuters Showcase

Documents' Leak

Documents' Leak

India widens oil leaks probe to defence ministry  Full Article 

Reuters Exclusive

Reuters Exclusive

Payment delays dent India's flagship health, AIDS programmes  Full Article 

Jim O’Neill Interview

Jim O’Neill Interview

'India can become world’s fifth-largest economy by decade’s end'  Full Article 

Food Security

Food Security

India will not cut multi-billion dollar food handout programme - PM  Full Article 

Ola's Expansion Drive

Ola's Expansion Drive

Taxi group Ola steps up expansion drive  Full Article 

Sahara Saga

Sahara Saga

Sahara's Grosvenor House hotel in London put up for sale   Full Article 

Suzlon Energy

Suzlon Energy

Suzlon expects to turn profitable in fiscal 2016: chairman   Full Article 

Beef Trade

Beef Trade

Maharashtra clamps down on beef trade through new act  Full Article 

Budget 2015

Budget 2015

Budget announcements and reactions from the industry  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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