Multitude of Domestic & International issues will effect markets this week. TrendCalls Team believe that RBI policy & IIP data will also be discounted by markets this week. But in our view markets have already discounted some part of the IIP data released & now markets will roll on the tune Of FIIs & world markets. Other issues to effect markets would be Vedanta's offer for Cairn Energy, which should be positive for Cairn but it all depends upon how the Oil ministry & Vedanta resolve this matter. Big issues for RBI would be inflation & how they react to inflation & the expectations of the markets in lieu of inflation. Ten year bond yields have already taken 25 basis points intervention by the RBI.
Sector Watch: - Fertilizers
Views Given By TrendCalls Team
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