Market Weekahead - Shares to track foreign flows, Infosys

Sun Apr 7, 2013 10:01am IST

A broker reacts while trading at a stock brokerage firm in Mumbai November 6, 2008. REUTERS/Arko Datta/Files

A broker reacts while trading at a stock brokerage firm in Mumbai November 6, 2008.

Credit: Reuters/Arko Datta/Files

Related Topics

Stocks

   

Reuters Market Eye - Indian stock markets will be closely tracking foreign investor activity.

Worries that foreign institutional investors (FIIs) would start paring some of their holdings led the Nifty to its lowest close since the government's "big bang" reforms in September sparked a powerful rally.

Infosys Ltd, India's second-largest software services company, will report fiscal fourth-quarter results on Friday, setting the tone for Jan-March earnings results season.

Meanwhile, factory output data for February and March CPI data will set the tone for the May 3 policy review.

India's record high current account deficit in the December quarter has sparked concerns the central bank may keep rates on hold next month.

KEY FACTORS/EVENTS TO WATCH

Monday: Trade Minister Anand Sharma press briefing in Switzerland

Tuesday: India's National Green Tribunal will hear a case over the closure of Sterlite Industries Ltd STRL.NS copper smelter.

Wednesday: Trade data for March

Money supply data

Friday: Feb industrial output data

March CPI data

Infosys, Development Credit Bank Ltd (DCBA.NS) Jan-March earnings

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

Pricing Controls

REUTERS SHOWCASE

India-China Relations

India-China Relations

India says to defend China border after standoff ahead of Xi visit.  Full Article 

Importing Iron Ore

Importing Iron Ore

As mining curbs bite, India offers market to glut-hit iron ore.  Full Article 

Drug Approval

Drug Approval

Epirus, Ranbaxy win India approval for arthritis drug copy.  Full Article 

Rajan Speaks

Rajan Speaks

RBI chief Rajan says limiting reliance on foreign debt.  Full Article 

Debt & Equity Deal

Debt & Equity Deal

KKR to lend $175 million to GMR Infrastructure - source.  Full Article 

Preparing for IPO

Preparing for IPO

Alibaba boosts IPO as demand strengthens.  Full Article 

India-Vietnam Ties

India-Vietnam Ties

India tightens Vietnam defence, oil ties ahead of China Xi's visit.  Full Article 

Reuters India Mobile

Reuters India Mobile

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