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Recap of what the markets were up to in the previous week:
Benchmark indices continued on the downward trajectory for second week running. Sensex ended the week down by 1142 points or around 2%. While Nifty slipped 304 points, around 1.7%.
On the sectoral front, the biggest sectors dragging the markets down were Nifty IT, Media and Banking sectors, all down between 3.4% - 5.6%.
Things were not different globally either. Here’s how the major indices around the world fared in week ended 22nd April.
Things to watch out for in the coming week
Two IPOs will be hitting the street in the coming week. Campus Activewear and Rainbow Children’s Medicare Ltd.
|Company||Period||Price||Lot Size||Issue Size|
|Campus Activewear||26th April 2022 to 28th April 2022||₹ 278 – 292||51 and in multiples thereof||₹ 1,400 crores|
|Rainbow Children’s Medicare||27th April to 29th April 2022||₹ 516 - 542||27 and in multiples thereof||₹ 1,595.6 crores|
|25th April||26th April||27th April||28th April||29th April||30th April|
|Century Textiles||Atul Ltd.||Bajaj Auto||Ambuja Cements||Can Fin Homes||Yes Bank|
|Tata Investment Corp.||Bajaj Finance||Hindustan Unilever||Axis Bank||IndusInd Bank||IDFC First Bank|
|Sanofi India||Indian Hotels Company||Bajaj Finserv||L&T Finance Holdings|
|United Breweries||Persistent Systems||Bajaj Holdings||Maruti Suzuki|
|Au Small Finance Bank||Trent||MphasiS||Tata Chemicals|
|Nippon Life India Asset Management||P&G||UltraTech Cement|
|HDFC Life Insurance Company||Indian Energy Exchange||Sterlite Technologies||Wipro|
|UTI Asset Management Company||HDFC Asset Management Company||Varun Beverages||SBI Cards|
|Aditya Birla Sun Life AMC||PNB Housing Finance|
|SBI Life Insurance Company|
Key economic events for the week
|25th April||26th April||27th April||28th April||29th April|
|US||Durable Goods Orders (MAR)||Eurozone||ECB President Lagarde to Speak||Japan||Retail Sales||India||Fiscal Deficit (MAR)|
|Consumer Confidence (APR)||US||Pending Home Sales (MAR)||Industrial Production||Infrastructure Output (MAR)|
|New Home Sales (MAR)||Crude Oil Inventories||BoJ Interest Rate Decision||China||Caixin Manufacturing PMI (APR)|
|BoJ Monetary Policy Statement||Eurozone||CPI Inflation (APR)|
|BoJ Outlook Report||GDP Estimates|