This week the market will start with factoring earnings of big corporates Reliance/ ICICI and kotak bank, While Reliance results were subdued and on the other hand ICICI posted 40% increase in profits
It will be a very busy week in the US, with the spotlight on the Fed's interest rate decision, the advance estimate of Q2 GDP growth, and earnings results for several big corporations.
Additionally, investors will closely follow the interest rate decisions from the European Central Bank (ECB)- Investors to brace the inflation data of several European Nation.
In absence of Domestic macro data, market will react on global outcomes and Domestic earnings.
Technically, Friday session closed with dark cloud cover on daily charts, 10EMA placed at 19645, Falling below that can drag the markets towards 19550/ 19300.
On the upside- market will attract the buyers above 19881 for levels of 20040/ 20280
It will be a very busy week in the US, with the spotlight on the Fed's interest rate decision, the advance estimate of Q2 GDP growth, and earnings results for several big corporations.
Additionally, investors will closely follow the interest rate decisions from the European Central Bank (ECB)- Investors to brace the inflation data of several European Nation.
In absence of Domestic macro data, market will react on global outcomes and Domestic earnings.
Technically, Friday session closed with dark cloud cover on daily charts, 10EMA placed at 19645, Falling below that can drag the markets towards 19550/ 19300.
On the upside- market will attract the buyers above 19881 for levels of 20040/ 20280