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INDIA WEEKAHEAD-India to take cues from global markets, trade data
May 15, 2015 / 12:04 PM / 3 years ago

INDIA WEEKAHEAD-India to take cues from global markets, trade data

** India’s trade data for April due next week.

** Indian shares seen tracking key global events, including the Greece bailout and oil price movements.

** Domestic factors including start of the monsoon rains, as well as expectations of an off-cycle rate cut to also weigh on shares.

** NSE index expected to trade between 8,100 and 8,460 in coming week.

** India’s benchmark government bond may trade in 7.94 percent to 8.05 percent range.

** Indian rupee to trade in 63.40-64.40 range.

KEY FACTORS/EVENTS TO WATCH Mon: Asian Paints Ltd earnings, GSK; April trade data (tentative) Tues: Tata Power Co Ltd results Wed: DLF Ltd and Bajaj Finance Ltd results Thurs: Bajaj Auto Ltd earnings Fri: State Bank of India and ITC Ltd results. com/

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