Sunday , September 21 2014
Whatz Hot :-
Home / Finance / Week Ahead: Market likely to remain volatile ahead of F&O Expiry, GDP data

Week Ahead: Market likely to remain volatile ahead of F&O Expiry, GDP data

Market likely to remain volatile ahead of F&O Expiry, GDP data

lklmuifbcbc511 Week Ahead: Market likely to remain volatile ahead of F&O Expiry, GDP data

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.

Wockhardt, Neyveli Lignite Corporation, Canara Bank, NMDC and Colgate Palmolive will also announce their quarterly numbers 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.

 

 

 

[source:sify]

GDP

3 comments

  1. I have seen several articles calling into question their rate of growth, particularly with the greatly overstated export data. There has been some stating that the only real true growth is originating from PRC funded infrastructure projects plus they might be near to % real growth. Although this might be a tad too extreme it boosts the issue….how quickly is China’s GDP growth and just how lengthy would they continue the good work?

  2. i would like what they are called of registered and running stock markets in india

  3. Men….I’ve got a project on stock market…..

    1.Good reputation for stock market asia

    2.Listing of 25 companies indexed by stock market

    3.Make an imaginary portfolio adding up to an amount of rs 50,000 equally most of the 5 companies of your liking in the above list

    4.Graphical presentation of share prices of various companies on several dates

    5.Causes of alternation in market price of shares

Leave a Reply for your confusion