DALAL STREET face
INDIAN BENCHMARK registered decent gains after three losing Weeks on improved
sentiments in global markets. The Sensex and Nifty rose 3.15%-3.29% each for the week ended
February 19, 2016.
GLOBAL MARKET chase
ASIAN STOCKS peers closed lower today on continued concerns about global economic
slowdown.
U.S. STOCKS index futures poised for a higher opening at the Wall Street on Friday.
EUROPEAN STOCKS steadied on Friday at the end of a strong week with a bounce in
banking stocks and some solid earnings updates underpinning the market.
Week ahead
In the coming week, Indian stocks may remain volatile next week as traders roll over positions
in the futures & options (F&O) segment from the near month February 2016 series to March
2016 series. The February 2016 derivatives contracts are set to expire on Thursday, 25
February 2016. The two key events lined up during the week are Railway Budget for 2016-17
on Thursday, 25 February 2016, and Economic Survey for 2015-16 on Friday, 26 February
2016.
Stocks of companies from steel, cement, coal, iron ore and fertilizer sector will be in focus as
Railway Minister Suresh Prabhu presents Railway Budget for 2016-17 in the Lok Sabha on 25
February 2016.Substantial movement for these commodities takes places through the Railways
and it remains to be seen if the Rail Minister announces changes in freight rates in the Rail
Budget. According to reports, the Railway Minister will unveil a plan in the Rail Budget to cut
expenses of the Railways and at the same time increase non-tariff revenue substantially. The
Finance Ministry will present Economic Survey for 2015-16 in parliament on 26 February
2016.The annual document reviews the developments in the Indian economy over the previous
12 months, summarizes the performance on major development programmes, highlights the
policy initiatives of the government and the prospects of the economy in the short to medium
term.
Happy week ahead........!!!!
Get real time advice for Intraday Trading Tips , Share Market Live , Intraday Equity Tips , Stock Trading tips , Free Intraday Tips , Best Accurate Stock Tips , NSE Stock market Tips and all Maket Updates .
This is complete blog for traders to read and trade accordingly. Epic Research is advisory firm which not only gives you trading tips but also guide and teach you about the important factors of share market.
ReplyDelete