Results in focus, trading seen cautious next week

Sun Feb 3, 2013 12:11pm IST

A broker looks at a computer screen as he talks on a phone at a stock brokerage firm in Mumbai December 3, 2012. REUTERS/Danish Siddiqui/Files

A broker looks at a computer screen as he talks on a phone at a stock brokerage firm in Mumbai December 3, 2012.

Credit: Reuters/Danish Siddiqui/Files

Related Topics

Stocks

   

REUTERS - Trading is expected to remain cautious next week as a sudden slump in share price of Tata Motors and Ultratech Cement in late market hours on Friday would make investors take cautious bets.

Shares are expected to trade in a narrow range as sentiment remains muted after the central bank's comments on Tuesday and as traders watch out for earnings of auto major Mahindra & Mahindra (MAHM.NS) and cement companies including ACC (ACC.NS).

Market participants will watch for any announcement from the government about the upcoming budget.

India's plan to raise about $2 billion through a stake sale in power producer NTPC Ltd (NTPC.NS) will likely take place on February 7, according to sources.

Events to watch:

Monday: Bank of Baroda (BOB.NS), United Sprits (UNSP.NS)

Tuesday: UCO Bank(UCBK.NS), Apollo Tyres(APLO.NS), HSBC Markit services PMI

Wednesday: Cipla(CIPL.NS), Tech Mahindra(TEML.NS)

Thursday: ACC(ACC.NS), Ambuja Cement(ABUJ.NS), MRF(MRF.NS), Aurobindo Pharma(ARBN.NS)

Friday: Cadila (CADI.NS), Hindalco(HALC.NS), Mahindra & Mahindra, Canara Bank(CNBK.NS), Sun Pharma(SUN.NS)

FILED UNDER:

Reuters Showcase

Legal Complaints

Legal Complaints

Government's payday from telecoms auction could be delayed  Full Article 

Running State Banks

Running State Banks

India signals private-sector bosses could run state-owned banks  Full Article 

India Forecast Raised

India Forecast Raised

S&P raises India's GDP forecasts, says it's a bright spot in Asia  Full Article 

StanChart CEO

StanChart CEO

StanChart picks ex-JPMorgan exec Winters as CEO to replace Sands  Full Article 

Wockhardt Plant

Wockhardt Plant

Wockhardt says FDA raises new concerns about Waluj plant  Full Article 

Banking Sector

Banking Sector

State-owned banks' capital needs may be higher - RBI deputy  Full Article 

Shares Sale

Shares Sale

Bharti Airtel says raised $310 mln through share sale in tower unit  Full Article 

Inflation Target

Inflation Target

India should meet RBI inflation target by Jan 2016 - RBI deputy  Full Article 

International Exchange

International Exchange

NSE plans to set up international exchange in Gujarat  Full Article 

Reuters India Mobile

Reuters India Mobile

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