Reuters logo
MARKET EYE WEEKAHEAD-Traders see shares weak ahead
February 15, 2013 / 11:24 AM / 5 years ago

MARKET EYE WEEKAHEAD-Traders see shares weak ahead

* After a largely disappointing October-December earnings
season, outside of some sectors such as IT, investors expect the
market to remain in a narrow range ahead of the budget on Feb.
* Traders will also track domestic institutional investors'
flows, who have been on a selling spree in recent months as
retail investors continue to cash in a recent rally by selling
their equity mutual funds. 
* Investors will be looking to see whether next year's budget
will provide fiscal reform measures or whether the government
will increase spending ahead of the general elections by 2014. 
* A fiscally disciplined budget could see the markets once again
resume gains. The BSE index having fallen 2.15 percent
so far this month. 

Tues: India bond, FX markets closed for banking holiday 
Thurs: Budget session of parliament to begin 


0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below