MARKET EYE WEEKAHEAD-Traders see shares weak ahead

Fri Feb 15, 2013 4:52pm IST

Related Topics

* After a largely disappointing October-December earnings
season, outside of some sectors such as IT, investors expect the
market to remain in a narrow range ahead of the budget on Feb.
28.
* Traders will also track domestic institutional investors'
flows, who have been on a selling spree in recent months as
retail investors continue to cash in a recent rally by selling
their equity mutual funds. 
* Investors will be looking to see whether next year's budget
will provide fiscal reform measures or whether the government
will increase spending ahead of the general elections by 2014. 
* A fiscally disciplined budget could see the markets once again
resume gains. The BSE index having fallen 2.15 percent
so far this month. 

KEY FACTORS TO WATCH 
Tues: India bond, FX markets closed for banking holiday 
Thurs: Budget session of parliament to begin 

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
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

COAL SCAM

REUTERS SHOWCASE

Reliance Projects

Reliance Projects

Exclusive: Reliance plans $13 billion projects including new refinery.  Full Article 

Pharma Sector

Pharma Sector

In race for bigger margins, drug makers willing to lose the India "advantage".  Full Article 

Low Stocks

Low Stocks

Indian power station coal stocks lowest since 2012 blackouts.  Full Article 

Markets This Month

Markets This Month

Tata Motors, M&M top Sensex gainers  Full Article 

Google Drones

Google Drones

Google is testing unmanned drones to deliver anything from dog food to medicine.  Video 

#RiceBucketChallenge

#RiceBucketChallenge

In India, rice replaces ice in bucket challenge.  Full Article 

Reuters India Mobile

Reuters India Mobile

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