A thread for discussing all your trades, strategies, ideas, news, stories, etc.
A look at market performance in the previous week:
Investor sentiment remained little changed as markets continued their slide downwards, with markets falling for all five trading sessions. Nifty closed the week down by around 629 points, 3.8%, while Sensex erased around 2041 points, 3.7%.
Globally, markets in Europe bounced back, ending the week with gains. US markets meanwhile closed another week in red. Although recovered from weekly lows, that saw Dow, S&P 500, and Nasdaq stumble between 5.1% to 8%.
On the sectoral front, it was another week where none of the sectoral indices managed to close in green.
Here’s what the FIIs and DIIs were up to:
Things to watch out for in the coming week
Shares of LIC are scheduled to list on the exchanges on Tuesday, May 17.
Things continue to remain busy in the primary market despite subdued market sentiment as three more IPOs will be opening for subscription;
|Period||Price Range||Minimum Quantity||Issue Size|
|Paradeep Phosphates||17th to 19th May||Rs. 39 - 42||350 and in multiples thereof||Rs. 1501.73 crores|
|Ethos Limited||18th to 20th May||Rs. 836 - 878||17 and in multiples thereof||Rs. 472.3 crores|
|eMudhra Limited||20th to 24th May||Rs. 243 - 256||50 and in multiples thereof||Rs. 412.8 crores|
Earnings to watch out for:
|16th May||17th May||18th May||19th May||20th May||21st May|
|Bharat Forge||Abbott India||ITC||Ashok Leyland||Amara Raja||BHEL|
|GSK Pharma||Bajaj Electricals||Finolex Industries||Bosch||Zydus Lifesciences||PowerGrid|
|MCX Ltd.||Bharti Airtel||IGL||Chambal Fertilisers||Indiabulls Housing Finance||Shree Cements|
|VIP Industries||DLF||LIC Housing Finance||Dr. Reddy’s||IDFC Ltd.||JK Cement Ltd.|
|GMR||Lupin||Godrej Consumer Products||NTPC|
|Kajaria Ceramics||Aditya Birla Fashion||V-Guard Industries||IRFC|
|PI Indistries||Pidilite Industries||Indigo Paints|
|Zydus Wellness||InterGlobe Aviations||Paytm|
|Dr. Lal Pathlabs|
Key macroeconomic events around the world:
|16th May||17th May||18th May||19th May||20th May|
|China||Industrial Production||India||WIP Inflation||Japan||GDP Estimates||US||Jobless Claims||Japan||CPI Inflation|
|Eurozone||GDP Estimates||Industrial Production||Home Sales||UK||Retail Sales|
|US||Fed Cgairman Powell Speech||UK||CPI Inflation|
|Retail Sales||Eurozone||CPI Inflation|
|Industrial Production||US||Crude Oil Inventories|