What to watch out in the Stock Market This Week, Top Stock in Focus
What to watch out in the Stock Market This Week, Top Stock in Focus
Share:

National and international macroeconomic data, Corporate earnings, Covid updates, global cues, state election results are some of the key factors to guide the stock market in the coming week. Also, the Rupee-Dollar movement, Investment by foreign portfolio investors and domestic institutional investors will be monitored.

Equity markets would remain closed on Thursday for 'Id-Ul-Fitr'. "This week, the trend in the market will be dictated by developments in the COVID spread, upcoming result outcomes and global cues. Industrial production data for March and inflation data for the month of April are expected to be released this week," said Vinod Nair, Head of Research at Geojit Financial Services.

Corporates will continue to report its March quarter earnings. Cipla, Dr Reddy's Laboratories, L&T and Vedanta are scheduled to announce their Q4 results on 14 May 2021. Siemens will announce its quarterly result on 11 May 2021. Asian Paints and Lupin are scheduled to announce their Q4 results on 12 May 2021.

In economic data, the Industrial Production and Manufacturing Production data for March will be released on 12 May 2021. Inflation rate for April is due on 12 May 2021. WPI inflation for April 2021 is due on 14 May 2021.

RBI allows re-opening of one-time restructuring individuals and MSMEs till Sept 30

Market capitalization of Top Eight entities zooms by Rs 81,251 crore

Business Landmark: Pakistan added to Amazon Sellers’ List, opportunities for the exporters

 

 

Join NewsTrack Whatsapp group
Related News