Weekahead: Indian shares seen prone to profit-taking

Comments 0
The NSE index rose 1.5 percent in the week ended on Jan 17. (Reuters) The NSE index rose 1.5 percent in the week ended on Jan 17. (Reuters)
SummaryMetal shares are set to take their cue from China's Q4 GDP on Monday

* 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

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...