Reuters Market Eye - 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 (JET.NS) or Kingfisher Airlines (KING.NS).
Monday: July-Sept current account deficit, BOP
November infrastructure data, fiscal deficit Wednesday: December manufacturing PMI Friday: December services PMI
(Reporting by Manoj Dharra)
Trending On Reuters
State Bank of India, the nation's top lender by assets, posted better-than-expected quarterly bad debt levels on Friday and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent. Read | Full Coverage
Gold demand slows as China eyes equities; lack of weddings in India weighs Full Article