Saturday, 15 April 2017

Market Outlook for the coming week - TradeBizz Research

Macroeconomic data on the domestic and worldwide front, fashion in global markets, investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs), the movement of rupee not in favor of the dollar and crude oil price movement resolve dictate trend on the bourses in week forward.

Domestic bourses will remained closed on, April 14, 2017, on account of Dr. Baba Saheb Ambedkar Jayanti and Good Friday.

The major generate for the market forward is Q4 and FY2017 outcome of India Inc. Among key results, IndusInd Bank and Yes Bank will declare March 2017 quarter results on April 19, 2017.

Hindustan Zinc and MindTree will make known March quarter earnings on April 20, 2017. Cement major ACC and private sector banking major HDFC Bank are programmed to release Q4 March 2017 results on April 21, 2017.

Stocks of public sector oil marketing companies (PSU OMCs) will be in focus as a programmed fuel price revision is due during this weekend. PSU OMCs review oil prices at the middle of the month and at the month-end every month based on the trend in worldwide oil market.

On the global front, China's industrial making data for February 2017 is due on Monday, April 17, 2017. US industrial creation data for March 2017 is set to release on April 18, 2017.


US Fed's Beige Book is slated to leave go of on April 19, 2017. Eurozone preliminary Market PMI Composite index for April 2017 is due on Friday, April 21, 2017.

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