Market Commentary - Week Ahead
Global cues, macroeconomic data in focus
Global and domestic macro economic data, trend in global stock markets, the movement of rupee against the dollar and crude oil prices will dictate trend on the bourses in the trading week ahead.
Investment by foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) will also be watched.
On the macro front, the Infrastructure Output data for October will be released on 30 November 2021.
India's gross domestic product (GDP) for the third quarter will be released on 30 November 2021.
Markit Manufacturing PMI for November will be declared on 1 December 2021. Markit Services PMI for November will be declared on 3 December 2021.
Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for November starting from 1 December 2021.
Developments in the winter session of Parliament will be closely watched. The Winter session is slated to be held between November 29 and December 23. The government has listed as many as 26 bills for introduction in Parliament during the Winter session from the withdrawal of the Centre's three contentious farm laws to the Cryptocurrency Bill.
Overseas, China's industrial profits data for October will be announced on 27 November 2021.
China will announce the NBS Manufacturing PMI for November on 30 November 2021. China will announce the Caixin Manufacturing PMI for November on 1 December 2021.
The US ISM Manufacturing PMI data for November will be announced on 1 December 2021.
The US Non Farm Payrolls data for November will be announced on 3 December 2021.
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