REUTERS - The BSE Sensex and Nifty are likely to trade rangebound, hovering near record highs.
Caution expected to prevail ahead of the expiry of monthly derivatives contracts on Thursday.
Individual stock movements will be watched given corporate earnings results.
Among blue-chips posting earnings are Larsen & Toubro Ltd
Investors will also keenly watch the progress of monsoon.
KEY EVENTS/FACTORS TO WATCH
Mon: L&T, Bank of Baroda
Tues: Markets closed for public holiday
Bharti Airtel
Wed: Bank of India
Thurs: Expiry of monthly derivatives contracts
Earnings: Maruti Suzuki
ICICI Bank
Tata Motors
Infrastructure output data for June
Federal deficit data for Apr-June
Fri: India and China manufacturing PMI
Foreign investment promotion board meeting
(By Indulal P)
