Monday, 8 May 2017

Nifty Tips, global cues to chart equity markets' news update today

Key macro-economic data points coupled with ongoing fourth quarter results and global cues are expected to affect the course of Indian equity markets during the upcoming trade week, analysts said. "In the near-term, investors will follow global markets' sentiment and quarterly results,". "Price movement of the Indian rupee against the US dollar will be another crucial factor for the equity markets next week." In the coming week, companies like Hero MotoCorp, Airtel, Asian Paints, ABB India, Infratel, HCL Technologies and Dr Reddy's Labs are expected to announce their quarterly results. Apart from earnings' results, investors will be looking forward to the upcoming macro-economic data points such as the full financial year deficit numbers, monthly industrial output and inflation figures.

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