Copy the embed code below and paste it into your blog or webpage.
|Week Ahead: Market likely to remain volatile ahead of F&O Expiry, GDP data||SIFY|
|After five successive weeks of gains, the market saw some weak spells last week and ended notably lower with as many as 24 stocks out of the 30-stock strong Sensex finishing on the losing side. More weakness is not ruled out in the coming week as well, as concerns about global economic outlook on the back of some weak data from China will weight on sentiment.
The market is likely to see some wild swings ahead of expiry of May series derivatives contracts next week. The mood, for most part of the week, will remain a bit cautious as investors will be eying the March quarter GDP data, due for release on May 31, 2013. In the December 2012 quarter, India saw a GDP growth of 4.5%, significantly dow from a 5.3% rise a quarter earlier.
Investors will be tracking quarterly results from some big names like Cipla, ONGC, Oil India ,Sun Pharmaceutical Industries, Hindalco, GAIL India, Power Grid Corporation, REC, Indian Oil Corporation, BPCL and Hindustan Petroleum Corporation next week.
Amid speculation the U.S. Federal Reserve may start wnwinding its asset purchase program soon, stocks ended flat on Wall Street last Friday, and this could set up a somewhat subdued or weak start for Asian markets on Monday.
Data showing fairly sustained buying by FIIs could help prevent a significant slide in values. According to data available from the exchanges, FIIs are net buyers to the tune of over Rs 18,000 crore in the current calender month.
With key oil companies set to announce results over the next few days, the oil sector will see plenty of action next week. In the event of the market looking up a bit on some positive developments, one could see some bright spots for realty stocks, which took a heavy battering last week.
|Domestic Market Reports|
|US STOCKS-Wall St climbs as Ukraine worries ease||17 Mar, 2014|
|Europe shares rebound from 3-week pull-back||17 Mar, 2014|
|Europe shares bounce back; U.S. data helps||17 Mar, 2014|
|US STOCKS-Wall St jumps as geopolitical concerns ease||17 Mar, 2014|
|US STOCKS SNAPSHOT-Wall St opens sharply higher with eyes on Crimea||17 Mar, 2014|
|REFILE-Sri Lanka bourse turnover slumps to near 5-yr low; index snaps losing streak||17 Mar, 2014|
|US STOCKS-Futures point to higher open after Crimea vote||17 Mar, 2014|
|European shares stage cautious rally after Crimea vote||17 Mar, 2014|
|Pakistani stocks end higher; rupee firm, o/n rates flat||17 Mar, 2014|
|US STOCKS-Futures sharply higher after Crimea vote||17 Mar, 2014|
|International Market Reports|
|Wall St ends lower on jitters over upcoming Crimea vote||17 Mar, 2014|
|Hong Kong shares suffer worst week since May 2012||17 Mar, 2014|
|Asian stocks stumble, yen pulls ahead on Ukraine anxiety||17 Mar, 2014|
|Nikkei slides 3.3 pct as Ukraine, China anxiety sees biggest weekly drop in 9 months||17 Mar, 2014|
|Singapore index weakens, but Olam lends support||17 Mar, 2014|
|Nikkei slides to 1-mth low on strong yen as Ukraine, China woes unnerve investors||17 Mar, 2014|
|Europe shares pause after sell-off; Morrison sinks||17 Mar, 2014|
|European shares edge higher, Lufthansa takes off||17 Mar, 2014|
|Nikkei hits 1-1/2-week low after Chinese data disappoints||17 Mar, 2014|
|Hong Kong shares fall after weak China data, Chinese banks firm||17 Mar, 2014|
|BSE - Mar 14, 12:00 AM||A B1 B2|
|L&T Finance Hol||
|Lanco Global Sy||
|H C L Infosyste||
|Click here for more|