MARKET EYE WEEKAHEAD - Earnings, reforms key for stocks

Sun Jan 20, 2013 8:45pm IST

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai July 23, 2008. REUTERS/Punit Paranjpe/Files

Brokers trade on their computer terminals at a stock brokerage firm in Mumbai July 23, 2008.

Credit: Reuters/Punit Paranjpe/Files

Related Topics

Stocks

   

REUTERS - Earnings will continue to set the tone in Indian markets, with Larsen & Toubro Ltd(LART.NS), Maruti Suzuki India Ltd(MRTI.NS) and Hindustan Unilever Ltd(HLL.NS) among the companies set to post October-December results.

The government's decision to allow diesel price hikes should continue to help support shares although state-run oil stocks such as Hindustan Petroleum Corp Ltd (HPCL.NS) that rallied on the news may be susceptible to profit-taking.

The Congress Party kicks off a three-day conference in Rajasthan, with all leaders, including party chief Sonia Gandhi, Prime Minister Manmohan Singh and all top ministers attending.

The big event this month still remains the RBI's policy review on January 29, with most analysts expecting a 25 bps cut in interest rates after RBI Governor Duvvuri Subbarao dented hopes for a 50 bps cut this week after calling inflation "still quite high."

KEY FACTORS/EVENTS TO WATCH

Sat: India's ruling Congress party starts three-day conference

Mon.: NTPC Ltd (NTPC.NS), Asian Paints Ltd (ASPN.NS), Cairn India Ltd (CAIL.NS), Housing Development Finance Corporation Ltd (HDFC.NS) earnings

Tues.: Hindustan Unilever (HLL.NS) earnings

Wedns.: Reliance Communications Ltd (RLCM.NS), Zee Entertainment Enterprises Ltd (ZEE.NS) earnings

Thurs.: Larsen & Toubro (LART.NS) earnings

Fri.: Maruti Suzuki (MRTI.NS), Reliance Power Ltd (RPOL.NS) earnings

(Reporting by Abhishek Vishnoi)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS SHOWCASE

School Shooting

School Shooting

Two killed, four wounded in Washington state school shooting.  Full Article 

Sundar Pichai Elevated

Sundar Pichai Elevated

Google's Pichai to oversee major products and services.  Full Article 

Need For Reforms

Need For Reforms

Euro zone risks "relapse into recession" without structural reforms - Draghi.  Full Article 

Diwali Sales

Diwali Sales

Gold sales jump about 20 pct for Diwali - trade body  Full Article 

World Bank Rival

World Bank Rival

Three major nations absent as China launches W.Bank rival in Asia  Full Article 

Wal-Mart India

Wal-Mart India

Murali Lanka appointed as Wal-Mart India operations chief  Full Article 

Health Of Lenders

Health Of Lenders

25 European banks set to fail health checks - sources.  Full Article 

Special Report

Special Report

Why Madrid's poor fear Goldman Sachs and Blackstone  Full Article 

India Insight

India Insight

Kalki Koechlin on her role as a disabled girl in “Margarita, With a Straw”  Full Article 

Reuters India Mobile

Reuters India Mobile

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