| Trigger for the Week |
How will it impact? |
| Operation Twist Round-II is scheduled on 30 December |
- The second twist of Rs.10,000 crore is expected to push yields lower and bond prices higher; benefiting banks
|
| PSU banks could remain neutral in the coming week |
- PSU banks are likely to be pleased with capital infusion in 3 banks but RBI report on rise in NPAs negative
|
| Auto numbers for December could hold the key to auto stock prices |
- If the marginal recovery in auto numbers in November sustains in December then it should be a positive
|
| Markets likely to be cautious ahead of core sector numbers on 31st |
- Manufacturing has been under pressure and core sector has already been in the negative for 3 months in a row
|
| Keep an eye on Prince Pipes listing on Monday 30 December |
- Year 2019 has been one of the best years in terms of IPO returns and markets will look to Prince for a good close
|
| Reliance could remain under pressure due to Aramco issue |
- The $4.5 billion due from RIL has held up the $15 billion sale to Aramco. Pressure on RIL likely to continue
|
| Market volumes could play spoil sport due to holiday season |
- Market volumes are expected to be lower and interest thinner due to limited institutional participation
|
| Pre-budget hints on the economy, markets and tax will be crucial |
- Equity markets will prefer personal tax cuts, fiscal deficit control and higher infrastructure spending in Budget
|
| Oil and rupee could be driving FPI flows during the week |
- Brent is already at $69/bbl and that is not good news for the INR. FPI sentiments likely to remain cautious
|
| Current account data for September quarter to be out on 31 December |
- The CAD is likely to move up higher; something that will be negative for the INR and for sovereign ratings
|
| Markets will look forward to cues on the US-China trade deal front |
- China has not shared the optimism of the USTR but a sober tone from Xi could enthuse equity markets
|
| FII buying sustaining in the week will be positive for markets |
- FIIs have infused Rs.1.20 trillion into Indian equity and debt in 2019 and signals for 2020 will be the key
|
| China manufacturing data for December expected this week |
- Greenshoots of growth in China will hold the key to sustenance of interest in the metal price cycle
|
| VIX tapers further to 10.3 levels; close to its multi-year lows |
- VIX in the range of 10-12 limits Nifty downsides and markets could remain in buy-on-dips mode this week
|
