Reuters Market Eye - Indian investors are gearing up for key earnings results, including from Tata Consultancy Services Ltd (TCS) (TCS.NS), Reliance Industries Ltd (RELI.NS), and ITC Ltd (ITC.NS), as well as inflation data on Monday.
TCS is set to announce October-December earnings on Monday, while Wipro Ltd (WIPR.NS) will report on Friday. Infosys (INFY.NS) surged on January 11 when it raised its revenue forecast and posted stronger-than-expected results.
India will release December inflation data on Monday, in what would be a key indicator ahead of the central bank's policy review on January 29.
Wholesale prices, India's main inflation gauge, are expected to have risen an annual 7.40 percent in December, a Reuters poll showed.
Traders are also looking for a potential announcement on a widely expected hike in fuel prices after the oil ministry sent a proposal to the cabinet this week.
The Securities and Exchange Board of India, is due to hold its board meeting on January 18, amid expectations it may announce tightening of norms for offer-for-sale transactions.
(Reporting by Abhishek Vishnoi)
Asia stocks bounce as investors second-guess Fed again
SYDNEY Asian shares bounced on Tuesday as doubts the Federal Reserve really would hike interest rates as soon as September restrained the dollar, while investors continued to count on more policy stimulus elsewhere in the world.
India's growth pace likely slowed in April-June: Reuters Poll
BENGALURU India's economic growth likely lost some momentum in the April-June quarter on cutbacks in domestic and global demand, a Reuters poll showed.
Bharti Airtel cuts mobile data prices as new rival Jio looms
MUMBAI Bharti Airtel Ltd, India's top mobile phone carrier, cut prices of its mobile data services on a special plan on Monday, accelerating discounts in the highly competitive market as the entry of a new rival looms.