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A quick look back at what the markets had been up to in the week gone by;
Sensex and Nifty snapped a two-week losing streak to finish the week gone by about 2.5% up, with Sensex rallying 1,444 points and Nifty 414.35.
All major sectors closed the week on a positive note with Bank, IT, FMCG, Pharma, and Metal indices surging between 3 to 6.6%.
On the global front, apart from European markets, all the major indices around the world posted healthy gains.
Things to watch out for in the week:
IPOs & Listings
IPO of Vedant Fashions, which opened for subscription on Friday, will be open for subscription for two more days, 7th and 8th February. You can check our more details on the IPO here: Everything You Need to Know About the Vedant Fashions IPO
While, shares of Adani Wilmar, which recently concluded its IPO will list on the exchanges on 8th February.
Corporate earnings to watch for:
|7th Feb||8th Feb||9th Feb||10th Feb||11th Feb||12th Feb|
|Castrol India||Bata India||ACC Limited||ABB India||Apollo Hospitals||Atul Auto|
|GlaxoSmithKline Pharma||Bharti Airtel||Aurobindo Pharma||Amara Raja Batteries||Ashok Leyland||Avanti Feeds|
|National Aluminium Company||BSE Limited||Berger Paints||Alembic Pharma||Glenmark Pharma||Max Healthcare|
|PB Fintech||Escorts||Bosch||Bharat Forge||IDFC||Muthoot Finance|
|TVS Motor Company||Godrej Consumer Products||GMR Infra||Hero MotoCorp||India Cements|
|Union Bank of India||Indraprastha Gas Limited||Indiabulls Housing Finance||Hindalco Industries||PFC|
|IRCTC||Nykaa||Mahindra & Mahindra|
|Mahanagar Gas Limited||SAIL||MRF|
Key economic events for the week;
|7th Feb||8th Feb||9th Feb||10th Feb||11th Feb|
|China||Composite PMI||US||Trade Balance (DEC)||India||RBI Policy Meeting||US||CPI Inflation (JAN)||US||Fed Monetory Policy Report|
|Services PMI||Japan||Household Spending (DEC)||Jobless Claims||Britain||GDP (Q4)|
|Manufacturing Production (DEC)|