Weekahead: Indian shares seen prone to profit-taking

Written by Reuters | Updated: Jan 18 2014, 01:18am hrs
Indian marketThe NSE index rose 1.5 percent in the week ended on Jan 17. (Reuters)
* Indian shares could be volatile and prone to profit-taking after posting their fist weekly gain in three as blue-chips including Larsen & Toubro Ltd report October-December earnings.

* Caution is also likely to prevail ahead of the RBI's policy review on Jan 28.

* Metal shares are set to take their cue from China's Q4 GDP on Monday.

* The NSE index rose 1.5 percent in the week ended on Jan 17.

KEY EVENTS/FACTORS TO WATCH

Mon: UltraTech Cements Ltd earnings,

China's Q4 GDP

Tues: Asian Paints Ltd, Kotak Mahindra Bank Ltd earnings

Wed: Zee Entertainment Ltd, Larsen & Toubro Ltd earnings

Thu: Cairn India Ltd earnings