Hello and welcome to the weekly trading diary, a thread for discussing your trades, strategies, ideas, news, stories, etc.
Here’s how the markets performed in the week gone by;
Benchmark indices, Nifty and Sensex posted strong gains in the week ended 21st October with Nifty surging by 2.27% and Sensex by around 2.4%.
On the sectoral front, all sectoral indices apart from the Nifty Media and Metal index closed the week in green, with the Nifty PSU Bank index surging nearly 11%.
Globally, US markets rebounded strongly after posting losses in the week ending 14th October. Asian markets, however, continued to remain weak, ending in red for another week.
Things to watch out for in the coming week;
|24th October||25th October||26th October||27th October||28th October||29th October|
|Dabur India||Indus Towers||Dr. Reddy’s Laboratories||IOC Ltd.|
|Crompton Greaves||REC Ltd.||Maruti Suzuki||NTPC Ltd.|
|Gland Pharma||Tata Chemicals Ltd.||Vedanta Ltd.|
|PNB Housing Finance||Tata Power|
|SBI Cards||Bandhan Bank|
Key economic events
|24th October||25th October||26th October||27th October||28th October|
|Japan||Services PMI (OCT)||US||CB Consumer Confidence||China||GDP Growth (Q3)||Eurozone||ECB Interest Rate Decision||Japan||BOJ Interest Rate Decision|
|Eurozone||Services PMI (OCT)||Industrial Production (SEP)||ECB Monetary Policy Statement||BOJ Outlook Report|
|Markit Composite PMI (OCT)||US||Home Sales (SEP)||US||GDP Growth (Q3)|
|UK||Manufacturing PMI (OCT)||Crude Oil Inventories||Jobless Claims|
|Services PMI (OCT)|
|Composite PMI (OCT)|
|US||Services PMI (OCT)|
|Manufacturing PMI (OCT)|
|Markit Composite PMI (OCT)|