Don’t miss the latest developments in business and finance.

Weekahead - Focus on earnings, U.S. debt talks for shares

Image
Reuters
Last Updated : Oct 13 2013 | 10:05 AM IST

Reuters Market Eye - Indian shares are expected to be influenced by companies reporting July-September earnings, including Reliance Industries Ltd , as well as progress on the U.S. debt talks.

Inflation data on Monday will also be eyed amid expectations the RBI will raise the repo rate by another 25 bps at its policy review late this month after surprising markets with a 25 bps hike last month.

Industrial output rose 0.6 percent in August from a year earlier, well below expectations for a 2 percent rise, according to data late on Friday.

KEY EVENTS/FACTORS TO WATCH

Mon: Wholesale price inflation (around noon)

Consumer price inflation (5:30 p.m.)

Reliance Industries, Indusind Bank earnings

More From This Section

Tue: HDFC Bank Ltd

Weds: M3 Money supply data

Bajaj Auto Ltd

Fri: Bank loan, forex reserves data (5 p.m.)

(Reporting by Himank Sharma)

Also Read

First Published: Oct 13 2013 | 9:56 AM IST

Next Story