| Trigger for the Week |
How will it impact? |
| Government likely to announce telecom fund for AGR |
- This is likely to be a positive yet revenue-neutral deal for telcos to borrow and pay up their AGR dues
|
| MPC minutes clearly hint at no rate cuts in next two policies |
- This is likely to keep banks and financials muted as MPC wants inflation to first trend lower by 300 bps
|
| Watch out for the big GDP number announcement on 28 February |
- Q3 GDP assumes significance after the NCAR lowered full year GDP estimates for FY20 to 4.9%
|
| Keep an eye on the rupee which showed signs of weakening |
- Rupee went as low as 71.80/$ last week and a dollar bounce could only add more pressure on the rupee
|
| Markets will keep a close watch on the Coronavirus impact |
- The impact has been pronounced on pharma and the electronics sector due to supply chain disruption
|
| Crude oil could see a bounce during the week on OPEC signals |
- With the slowdown in demand, OPEC and Russia are expected to announce indicative supply cuts in crude
|
| Mid caps could be in the thick of action in the coming week |
- With nearly 40 mid cap stocks gaining up to 30% in the week, that could be the segment to focus on
|
| President Trump’s visit to India could dominate headlines |
- Signals of a trade deal would be positive but any censure on geopolitical risk could be negative for India
|
| Aurobindo report on Friday may negatively impact the stock |
- The rescinding of the November report by the US-FDA could be negative for Aurobindo and for pharma stocks
|
| Keep a watch on PSU banks after the farmer loan admission |
- Farmer loans created bad debts of Rs.67,000 crore and that could create NPA worries for PSU banks
|
| Gold at $1650/oz clearly hints at risk-off buying in global markets |
- A rally in gold is normally bad for emerging markets like India which depend on risk capital flows
|
| Core sector and auto numbers could be critical this week |
- Core sector for January and auto numbers for February could be critical growth inputs during the week
|
| US 30-year yields drops to a record low, leading to slowdown fears |
- The yields reflect the concern over the virus syndrome and could have an impact on Indian stocks too
|
| G-20 finance ministers and central bankers meet in Riyadh on Feb-23 |
- It remains to be seen if the central banks decide on a fresh stimulus package to combat the growth risk
|
