* 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 and cement companies including ACC.
* 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 will likely take place on Feb.
7, according to sources.
Events to watch:
Monday: Bank of Baroda, United Sprits
Tuesday: UCO Bank, Apollo Tyres, HSBC Markit
Wednesday: Cipla, Tech Mahindra
Thursday: ACC, Ambuja Cement, MRF,
Friday: Cadial, Hindalco, Mahindra &
Mahindra, Canara Bank, Sun Pharma