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
Cinemas, Rolls-Royces and rooms so plush they could belong in a five-star hotel: private hospital operators in India are all but rolling out a red carpet to lure affluent locals and tourists to seek medical treatment at their luxe facilities. Full Article | Pictures