Global cues may hog the limelight
May 06, 2022 04:26 PM | Source: capitalmarket.com
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Markets are expected to move in sync with global peers in the coming week. A close eye will be kept on the developments concerning the Russia – Ukraine crisis. Next batch of q...
Markets are expected to move in sync with global peers in the coming week. A close eye will be kept on the developments concerning the Russia – Ukraine crisis. Next batch of quarterly results would also be watched. 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.
Among key results, Godrej Agrovet, PVR, UPL will declare their quarterly results on 9 May 2022. Adani Ports & Special Economic Zone, Petronet LNG, Punjab National Bank will unveil their quarterly results on 11 May 2022.
Larsen & Toubro, Siemens, Tata Motors will declare their quarterly results on 12 May 2022. Tech Mahindra will declare its quarterly result on 13 May 2022.
On the macro front, the Industrial Production and Manufacturing Production data for March will be released on 12 May 2022. Inflation rate for April will be declared on the same day.
Overseas, China will announce inflation rate for April on 11 May 2022.
The U.S. Labor Department's closely watched monthly employment report for April will be declared on Friday, 06 May 2022. This deal will provide for clues on labor market strength and its impact on monetary policy.
US will announce inflation data for April on 11 May 2022.