| Trigger for the Week |
How will it impact? |
| Coronavirus will continue to be the big story for the markets this week |
- After most global markets tanked last week, the virus story will need some positive cues from China
|
| Nifty lost close to 7% during the week with higher VIX |
- With little buying interest markets may, at best, remain tepid to flat during the coming week
|
| SBI Cards IPO opens on March 02 and that will be a key factor |
- With strong demand from anchor investors, SBI Cards is expected to garner solid response from all segments
|
| Keep an eye on the next steps taken by Vodafone Idea on AGR issue |
- With Bharti Airtel having paid Rs.18,004 crore to the DOT, the onus will be on Vodafone to move fast on AGR
|
| Tata Motors and other auto stocks will continue to face pressure |
- Auto stocks are hit by the virus on the demand side and also in terms of input costs from China
|
| Crude oil could benefit India but also hint at a slowdown |
- With Brent getting close to $50/bbl, India should benefit from lower trade deficit. Global GDP to be lower.
|
| Look for FII selling after nearly Rs.12,000 crore sold in the week |
- The previous week was risk off with FIIs selling in equity and in debt in favour of safer havens
|
| Rupee weakening beyond 72 could be a major issue for the marketq |
- RBI has not shown much interest in intervening and rupee weakness may discourage FIIs further
|
| GDP growth at 4.7% and core sector growth at 2.2% to remain in focus |
- GDP showed a small bounce but manufacturing remains tepid and that could be negative for capital goods
|
| Agricultural growth at 3.7% for fiscal 2019-20 could be a boost |
- Agri related stocks could benefit from this rural boost as could FMCG stocks catering to rural areas
|
| Watch out for the PMI Manufacture and Services numbers this week |
- IF PMI can repeat the stellar performance of January, it will be good news for manufacturing sector
|
| Metal stocks to be in limelight after the sharp correction last week |
- Most metal stocks like Hindalco, Vedanta took a major hit on expectations of weak Chinese demand
|
| Keenly watch for Dividend plays ahead of March year end |
- Major PSUs with adequate cash are expected to deliver huge dividends to investors ahead of April deadline
|
| Outcome of OPEC meeting on oil supply cuts to be key |
- It remains to be seen if the OPEC and Russia actually get into deep supply cuts to support oil prices
|
