Sunday 12 January 2014

Weekly Outlook

The coming week will be eventful in terms of companies announcing their quarterly results.
Companies like UCO Bank,  IDBI Bank,  Indian Overseas Bank,  Bank of Baroda,  Yes Bank,
Axis Bank,  Bajaj Auto,  HCL Tech,  TCS,  Coal India,  ITC,  HDFC Bank,  Federal Bank,
and the big boy Reliance Industries Limited are amongst others that are scheduled to announce
their Q3 results.    Inflation data is also expected.

In the light of the above,  markets may remain stock specific.    Having said that,  Nifty is
precariously trading near the edge of the cliff.    No matter what,  Nifty must stay above
6120 -- 6140 range.  

1 comment:

  1. • Union Bank board meeting on February 23 to consider issue of shares on preferential basis to Government of India
    • Shree Cement approved setting up of plant in Karnataka
    • Tata Power subsidiary issued non-convertible debentures worth Rs 1,200 crore
    CapitalStars

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