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
On paper, India's households have more reason than ever to save. But convincing them that the central bank can keep inflation low is proving difficult, hindering the country's ambitious growth plans. Full Article