Trigger for the Week How will it impact?
 Worsening trade war between the
US and China will be an overhang
 Trump has already started sanctions on Huawei and that
is likely to increase risk perception for equities
 COVID-19 rescue package to have
some positives this week
 Sectors like HFCs, NBFCs, rural focused sectors, power
companies and mining companies to see some buying
 Power Finance stocks to come
under pressure this week
 REC and PFC will bear the bulk of the Rs.90,000 crore
funding for DISCOMS and that will hurt margins
 Markets likely to be pressured by
extension of lockdown
 The lockdown being predominantly extended to May 31
in key geographies could lead to sell-off in index stocks
 Rising COVID-19 cases in India could
be an overhang on sentiments
 India has crossed China in number of afflictions and the
trend will raise the spectre of further lockdowns
 Focus for the week shifts to the
Reliance mega rights issue
 Reliance Rs.53,125 crore rights opens on May 20 and the
partly paid approach could be positive for liquidity
 Vedanta delisting proposal could
disappoint markets
 Investors upset over low price offered for delisting and
the board meet on May 18 will hold the key
 Big earnings lined up for the coming
week will impact sentiments
 Earnings from Bharti, Bajaj Finance, Bajaj Auto, Ultratech
and Avenue Supermarts could determine trend ahead
 Oil holds $30/bbl and that should
be positive for markets
 The big risk for the markets will be the WTI futures
settlement on 19 May, after the CFTC warning
 Level of 9000 remains critical for
the Nifty to take support
 Markets were non-directional last week but if 9000
breaks