| Trigger for the Week |
How will it impact? |
| Virus spread in India will hold the key as impact crosses 300 |
- The markets will be keen to see the impact of the Coronavirus stemming and stabilizing this week
|
| Dow lost 900 points on Friday and that will be an overhang |
- The SGX Nifty has already indicated weakness and the global spread will hold the key to the Nifty
|
| Markets will be watching Yes Bank stock price and deposits |
- Yes Bank has escaped a run on deposits but that is still a risk. Equity investors will look for price support
|
| RBI intervention holds the key to the rupee value during the week |
- RBI intervened last week at 75/$ by selling dollars to the tune of $5 billion to support the Indian rupee
|
| RBI rate cut continues to be elusive but the hope stays |
- RBI has take rapid steps on liquidity to the tune of Rs.40,000 crore but rate cuts will be a boost
|
| Electronics package of Rs.49,000 cr may throw up interesting options |
- The package, if announced this week, could hold a big hope for the beleaguered hardware space
|
| FIIs have sold more than Rs.60,000 crore in India in last one month |
- Markets will be keenly looking for a bottoming out of FII selling for the markets to show signs of support
|
| Oil prices could see a bounce after the sharp fall to $25/bbl |
- With storage demand for oil rising, crude could get some support which will be positive for the global economy
|
| Markets will look for cues on global and local economic slowdown cues |
- That will be a key data input for sectors like metals, capital goods and banks to hold value
|
| Private banks likely to be weak after Bernstein view on HDFC Bank |
- The downgrade of HDFC Bank target raises questions on NPAs in the massive retail portfolios of private banks
|
| Keep a watch on interim dividend declarations as a price booster |
- Stocks like ONGC, ITC and GAIL got a dividend boost. This week could see more interim dividends announced
|
| Keep a watch on buybacks being announced for the week |
- Lower prices could get support from buybacks which have been seen in MOFSL, Emami, Sun and Dalmia
|
| SEBI rules on short selling will kick in on Monday |
- This could work both ways. Short covering could trigger an up move. However, delivery selling is a possibility
|
| Consumption plays could take a hit this week on shutdown |
- Demand for a host of goods and services are likely to come down and that could impact consumption stocks
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