Sunday, October 14, 2012

MARKET EYE WEEKAHEAD - Inflation, earnings key for Indian stocks

REUTERS - Stock investors are looking forward to inflation data, which is shaping as a key indicator ahead of the RBI policy review on October 30.

* A Reuters poll shows wholesale price inflation likely rose to 7.70 percent in September, the highest this year.

* Corporate earnings will also be key, keeping shares volatile.

* Among blue chip earnings, Reliance Industries will post earnings on Monday, while ITC and Tata Consultancy Services will announce results on Friday.

* Auto makers, including Maruti Suzuki and Mahindra & Mahindra , will also unveil new models.

KEY EVENTS

Mon: September inflation data

Mon: Reliance Industries , Axis Bank earnings

Mon: Australian Prime Minister Julia Gillard visits India (October 15-17)

Tues: Maruti Suzuki launches the new Alto 800 model

Tues: Tata Motors managing director Karl Slym faces the media for the first time since his appointment this summer

Wedns: HCL Technologies earnings

Wedns: Mahindra & Mahindra -controlled Ssangyong Motor launches its first model in India on Wednesday

Thurs: ACC , Ambuja Cements earnings

Fri: ITC , Tata Consultancy Services earnings

Fri: Weekly bank lending, FX reserves

Source: http://news.yahoo.com/market-eye-weekahead-inflation-earnings-key-indian-stocks-003032200--finance.html

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