Reuters Market Eye - The Sensex could pause for breath after a record-setting rally as quarterly earnings reports, inflation data and the continued five-week long elections breed caution.
Software stocks are on watch with Infosys Ltd (INFY.NS) kicking off March-quarter earnings season on Tuesday, followed by Tata Consultancy Services (TCS.NS) on Wednesday. Wipro (WIPR.NS) and HCL Technologies report on Thursday.
Index heavyweight Reliance Industries (RELI.NS) is due to post its results on Friday. India's consumer inflation rate is forecast to have edged up slightly to 8.19 percent in March due to higher food prices. Data after the close of markets on Friday showed industrial output in February unexpectedly shrank 1.9 percent from a year earlier.
Trending On Reuters
State Bank of India, the nation's top lender by assets, posted better-than-expected quarterly bad debt levels on Friday and said it now expected an improvement, a long-awaited sign of easing pressure that helped its shares jump over five percent. Read | Full Coverage
Gold demand slows as China eyes equities; lack of weddings in India weighs Full Article