Left Menu
Development News Edition

Global cues, macro-data to set tone for equity markets: Analysts

Global cues, macro-data to set tone for equity markets: Analysts
Representative Image Image Credit: ANI

Developments around US-China trade talks, Fed interest rate decision and release of key macro-economic data in the later part of the week are expected to influence the equity markets, analysts said. The US Federal Reserve interest rate decision on Thursday will be a major event that would be keenly tracked by markets globally.

"Markets are expected to remain volatile this week as many factors globally and stock-specific (developments) will influence the bourses. US Fed meeting outcome will be a major international event," Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote said. Investors will keep a close watch on progress of US-China trade talks.

Back home, two major data points are scheduled to be released on Thursday post trading hours -- industrial production and inflation rate -- which may also influence sentiment in the markets. Last week, the Sensex dropped 348.66 points or 0.85 percent. In the last two trading days, markets witnessed slide after the RBI disappointed on the rate cut front.

Besides, investors' focus will be on rupee-dollar trend, oil prices and investment patterns by foreign investors.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.



SDG13: How you can reduce global warming by changing your food habits

The mega narratives of various international organizations give the impression that fighting global warming is only a job of government agencies. However, the European Investment Bank EIB has designed a questionnaire which besides making th...

SDG2030: Challenges of technological applications in advancing Global Goals

Application of contemporary and future information technologies may go milestones in advancing sustainable development goals SDGs provided the challenges are overcome and implementation is ensured....

Sustainable Fashion: UNDP wants you to wear properly to reduce Global Warming 

The experts have estimated that the amount of water used to prepare one pair of jeans and a T shirt is sufficient for a person to drink for 13 years....

World Economic Forum suggests 8 Education Models for Future Schools

In a report released on January 14, the World Economic Forum WEF has also picked two examples for each model from throughout the world. The WEF has emphasized that these schools systems would be crucial for Forth Industrial Revolution.&#160...


Latest News

UPDATE 1-India's thermal coal imports extend fall as economy slows

Indias thermal coal imports have dropped for three months running, their longest sustained fall in over two years, as an economic slowdown stifles demand from key industrial consumers. The slowing in imports reflects wider weakness in the I...

SC accepts Centre's proposal to takeover management control of Unitech

The Supreme Court Monday accepted the proposal of the Centre to take over the management control of embattled realty firm Unitech Limited. A bench headed by Justice D Y Chandrachud gave two months to the new board of Unitech to prepare the ...

Russian opposition wants big protest over Putin's plan to 'rule for ever'

Russias anti-Kremlin opposition said on Monday it planned to stage a big protest next month against President Vladimir Putins proposed constitutional changes, which it cast as a ploy for Putin to rule for life. Putin, in a surprise move, la...

Iran's steps to reduce commitments to nuclear pact are over- Iran foreign minister

Irans steps in reducing commitments to the 2015 nuclear deal are over, Irans Foreign Minister Mohammad Javad Zarif said on Monday, according to the parliaments news site ICANA.The steps of reducing commitments are finished but if the Europe...

Give Feedback