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Weekahead - Indian shares to trade rangebound; earnings eyed

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Reuters

Reuters Market Eye - Markets are expected to trade rangebound. Investors likely to take cues from the banking conference and related reforms announcement.

Corporate earnings will be in focus with Infosys starting December-quarter earnings season on Friday.

The Nifty is likely to trade between 8,250 and 8,550 levels.

Bonds, rupee are likely to trade rangebound in absence of fresh triggers.

Benchmark 10-year bond yield is seen in a 7.80-7.90 pct band and the rupee in 63.00-63.55/dollar.

Key events and factors

Wed: ECB Governing Council meeting. No interest rate announcements scheduled.

Fri: Infosys results

Fri: Finance Minister Arun Jaitley, RBI Governor Raghuram Rajan at a convocation ceremony

 

(Reporting by Indulal PM)

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First Published: Jan 03 2015 | 3:51 PM IST

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