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INDIA WEEKAHEAD-Earnings, overseas flows in focus
October 1, 2014 / 11:55 AM / 3 years ago

INDIA WEEKAHEAD-Earnings, overseas flows in focus

* Earnings will become a key focus for share markets 
.
* Infosys kicks off July-September earnings season on
Oct. 10.
* Impact on foreign flows from global markets will also be key.
* Indian markets will be shut until Monday, with trading to
resume on Tuesday.
* A rally in the dollar on expectations of early U.S. rate hikes
has hit the rupee and emerging market currencies.
* U.S. Fed to release minutes for its Sept. 16-17 meeting on
Wednesday.
* Foreign investors sold shares worth 4.86 billion rupees ($78.7
million) on Tuesday, marking their five session of sales out of
past six.
* Falling oil prices could also be a factor for debt markets. 
        
    KEY FACTORS/EVENTS TO WATCH    
Thurs - Mon: Markets closed
Fri: India's bank lending and foreign reserves 
Tues: HSBC Markit Services PMI
Wed: U.S. Fed minutes
Fri: Infosys quarterly results 

 (abhishek.vishnoi@thomsonreuters.com /
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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