Corporate earnings, global cues in spotlight
Apr 29, 2022 06:02 PM | Source: capitalmarket.com
 |
Next batch of quarterly results would be the key event that the market would be looking for in the near future. Stock markets will remain closed on Tuesday, 3 May 2022 on acco...
Next batch of quarterly results would be the key event that the market would be looking for in the near future. Stock markets will remain closed on Tuesday, 3 May 2022 on account of Id-Ul-Fitr (Ramzan Id).
Trend in global stock markets, the movement of rupee against the dollar and crude oil prices will dictate trend on the bourses in the near term. Investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) will be monitored. Volatility is likely to remain high amid the ongoing Russia-Ukraine crisis.
Among key results, Britannia Industries, HDFC will declare their quarterly results on 2 May 2022. Adani Enterprises, Godrej Properties, Hero MotoCorp, Tata Steel, Titan Company will unveil their quarterly results on 3 May 2022.
Adani Green Energy, Adani Total Gas, Kotak Mahindra Bank, Oracle Financial Services Software will announce their quarterly results on 4 May 2022. Tata Power Company will declare its quarterly result on 6 May 2022.
Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for April starting from 1 May 2022.
On the macro front, S&P Global Manufacturing PMI for April will be declared on 2 May 2022. The S&P Global Composite PMI and the S&P Global Services PMI for April will be declared on 5 May 2022.
Overseas, China will announce the NBS Manufacturing PMI for April on 30 April 2022. On the same day, the Caixin Manufacturing PMI for April will be declared.
US will announce the ISM Non-Manufacturing PMI for April on 4 May 2022.
The US Non Farm Payrolls data for April will be announced on 6 May 2022. The US Unemployment Rate data for April will also be announced on the same day.