Macroeconomic data in spotlight
Feb 24, 2023 04:25 PM | Source: capitalmarket.com
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.
Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for February starting from 1 March 2023.
On the macro front, S&P Global Manufacturing PMI for February will be declared on 1 March 2023. S&P Global Services PMI for February will be declared on 3 January 2023.
The government will announce Q4 gross domestic product (GDP) data on 28 February 2023.
Overseas, China will announce the NBS Manufacturing PMI for February on 1 March 2023.
China will announce the Caixin Manufacturing PMI for February on 1 March 2023.
The United States Durable Goods Orders for January will be declared on 27 February 2023.
The US ISM Manufacturing PMI data for February will be announced on 1 March 2023. The US ISM Non-Manufacturing PMI data for February will be announced on 3 March 2023.
In Europe, the Euro Area inflation rate for February will be declared on 2 March 2023.