ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Railways
  • World
    • Economy
    • Politics
    • Markets
  • Survey
  • videos
  • photos
  • More ...
    • VIDEOS
    • PHOTOS
BREAKING NEWS
  • Dalal Street Corner: Softening crude, FIIs turning net buyers allow market to close on high note; what should investors do on Th
  • Gold Price Outlook: Yellow metal on slippery ground; experts give intraday trading strategy, outlook
  • Will oil prices surge to $380 or slump to $45—What JP Morgan, CITI reports say?
  • MF industry's asset base rises 14% to Rs 37.75 lakh cr in June quarter
  • TVS Motor drives in new bike 'Ronin' priced at Rs 1.49 lakh
Read in App
Business News » India News

These factors to drive Sensex this week; check Inflation data, Q3 earnings and other key market drivers

"The progress of Q3 results will dictate the trend for  market . For the week ahead CPI and WPI are the key data to be watchful," said Vinod Nair, Head of Research, Geojit Financial Services.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
These factors to drive Sensex this week; check Inflation data, Q3 earnings and other key market drivers
Market would also continue taking cues from the movement of rupee, crude oil and investment trend by foreign investors, Image source: Pixabay

Stock market movement will be driven by announcement of macroeconomic data points and quarterly earnings by various companies, including bluechips RIL and Wipro, say experts.

Market would also continue taking cues from the movement of rupee, crude oil and investment trend by foreign investors.

"The progress of Q3 results will dictate the trend for market. For the week ahead CPI and WPI are the key data to be watchful," said Vinod Nair, Head of Research, Geojit Financial Services.

Market participants, on Monday, may react to Infosys' December quarter earnings wherein the IT firm Friday reported a drop in its third quarter net profit, they said.

India's second largest IT company reported a 30 per cent drop in its December quarter net profit on higher expenses even as it approved a Rs 8,260-crore share buyback -- the second in less than 13 months' time.

Its net profit slumped to Rs 3,610 crore in October-December 2018 from Rs 5,129 crore in the same period a year ago, the company said in a statement.

Other major earnings this week are from RIL and Wipro.

On Monday, market may also react to industrial output data data which was released post market hours on Friday.

Watch Zee Business Tweet Video here:

#HumFitTohIndiaFit | दौड़ेगी मुंबई, भागेगा मार्केट.. #BSEBullRun BKC में जुटे हजारों लोग। @AnilSinghviZEE @sureshpp… https://t.co/7zDXMQ45tS

— Zee Business (@ZeeBusiness) January 13, 2019

Industrial output growth dropped to a 17-month low of 0.5 per cent in November on account of contraction in manufacturing sector, particularly consumer and capital goods.

Factory output as measured in terms of the Index of Industrial Production (IIP) had grown by 8.5 per cent in November 2017, as per data released by the Central Statistics Office (CSO).

"Sharp rally in oil in the past few days and global cues continue to act as a major overhang on the markets," said Viral Berawala, CIO, Essel Mutual Fund.

Over the last week, the Sensex gained 314.74 points to close at 36,009.84 on Friday; while the Nifty rose by 67.60 points to end at 10,794.95. 
 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Stock MarketBombay Stock Exchange (BSE)National Stock Exchange (NSE)
Written By: PTI
Updated: Sun, Jan 13, 2019
10:25 am
New Delhi, PTI
RELATED NEWS
Rakesh Jhunjhunwala Birthday: Check out 5 top stocks of Rakesh Jhunjhunwala with maximum holding value Rakesh Jhunjhunwala Birthday: Check out 5 top stocks of Rakesh Jhunjhunwala with maximum holding value
Stocks to Buy: Vikas Sethi recommends IDFC from F&O, Indo count from Cash Market; know why? Stocks to Buy: Vikas Sethi recommends IDFC from F&O, Indo count from Cash Market; know why?
PNB Housing Fin to seek shareholders' nod next month to raise Rs 12,000 crore in debt PNB Housing Fin to seek shareholders' nod next month to raise Rs 12,000 crore in debt
Asian shares end quarter in sombre mood, dollar on high Asian shares end quarter in sombre mood, dollar on high
Dalal Street Corner: Recovery in global market, buying in auto & metal stocks lift benchmarks; what should investors do on Wednesday? Dalal Street Corner: Recovery in global market, buying in auto & metal stocks lift benchmarks; what should investors do on Wednesday?

LATEST NEWS

Make In India: Amazing Indian Toy Success Story! A clarion call from PM Narendra Modi in Mann Ki Baat, and dream turned into reality

Aviation Ministry issues draft notification for changes in aircraft rules - All you need to know

Will oil prices surge to $380 or slump to $45—What JP Morgan, CITI reports say?

Stocks to buy today: List of 20 stocks for profitable trade on July 7

Gold Price Outlook: Yellow metal on slippery ground; experts give intraday trading strategy, outlook

Oil prices extend drop as recession fears cloud global demand outlook

New MacBook Air with M2 chip to be available for order from July 8 - Check price and specifications

Stocks to buy: Sanjiv Bhasin picks Wipro, Tata Chemicals, Adani Ports, Coforge for gains today; Here's why

BSE Odisha Board 10th Result 2022 declared! Check here how to download score card

Scope for reducing edible oil prices by Rs 20 per litre, says government; directs companies to pass on benefits of reduced prices to people

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2022. India Dot Com Private Limited. All Rights Reserved.
LIVE TV