|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
Reuters Market Eye - December quarter earnings and WPI inflation will be the key for Indian shares in the short term.
MCX-SX stock exchange launches equities trading. Volumes will be watched given its history of competition with the National Stock Exchange.
Dealers say any headline inflation reading of 7 percent or lower may lead to gains in shares on hopes of a March rate cut.
Also on watch, domestic institutional outflows where pace of selling has accelerated in 2013, relative to inflows from foreign investors.
KEY EVENTS/FACTORS TO WATCH
Saturday: Finance Minister P. Chidambaram, SEBI Chairman U.K.Sinha at the launch of MCX-SX stock exchange.
Monday: Earnings of Oil and Natural Gas Corp
Tuesday: December IIP, January CPI, earnings of Hindustan Petroleum Corp
Wednesday: Bharat Petroleum Corp
Thursday: January WPI inflation, earnings of Dr.Reddy's Laboratories
(Reporting by Abhishek Vishnoi)