Sensex, Nifty this week: Q4 results, US jobs data to guide Dalal Street
==========
This week, the market is going to watch closely India’s manufacturing PMI, services PMI, Foreign Exchange Reserves data, quarterly results of blue-chip companies along with the trade data, and jobless claims data in the US for guidance. Traders will be closely watching the earnings of prominent companies, including Reliance Industries, Axis Bank, Hindustan Unilever, LTIMindtree, Nestle India, Tech Mahindra, HCL Technologies, Maruti Suzuki India and ICICI Bank will release their Q4 earnings. Other major companies, which will announce their Q4FY24 results during the week are Bajaj Finserv, MAS Financial Services, Tata Consumer Products, Tata Elxsi, Mahindra and Mahindra Financial, Bajaj Finance, Persistent Systems, Cyient, IndusInd Bank, L&T Technology Services, Bajaj Holdings And Investment, L&T Finance, SBI Cards and Payment Services and SBI Life Insurance Company etc. Investors will be eyeing HSBC Composite PMI Flash, HSBC Manufacturing PMI Flash, HSBC Services PMI Flash, which is scheduled to be released on April 23. The HSBC India Composite PMI was revised upward to 61.8 in March 2024 from a preliminary reading of 61.3, pointing to the second-strongest upturn in over the past years. Foreign Exchange Reserves data to be out on April 26. Foreign Exchange Reserves in India increased to $648560 million on April 5 from $645580 million in the previous week. On the global front, investors would be eyeing some important economic data from the world’s largest economy, the United States (US), starting from the Chicago Fed National Activity Index on April 22, Redbook, S&P Global Composite PMI Flash and New Home Sales, on April 23. Besides these, Durable Goods Orders on April 24, Goods Trade Balance Adv, Continuing Jobless Claims, Real Consumer Spending, on April 25, and Michigan Consumer Sentiment, Baker Hughes Oil Rig Count on April 26 data will be released.
#Sensex #Nifty #Q4Results #UsJobsData #DalalStreet
https://www.businesstoday.in/markets/top-story/story/sensex-nifty-this-week-key-factors-that-may-guide-d-street-amid-geopolitical-tensions-426283-2024-04-21
Business Today /
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2024-04-21 08:53:31
Author Public Key
npub10krv5xyz57fwv0upm7fgx90w8m2xulqkzzxml2d9d433rwrlmwpsyffpj8Published at
2024-04-21 08:53:31Event JSON
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"content": "Sensex, Nifty this week: Q4 results, US jobs data to guide Dalal Street\n==========\n\nThis week, the market is going to watch closely India’s manufacturing PMI, services PMI, Foreign Exchange Reserves data, quarterly results of blue-chip companies along with the trade data, and jobless claims data in the US for guidance. Traders will be closely watching the earnings of prominent companies, including Reliance Industries, Axis Bank, Hindustan Unilever, LTIMindtree, Nestle India, Tech Mahindra, HCL Technologies, Maruti Suzuki India and ICICI Bank will release their Q4 earnings. Other major companies, which will announce their Q4FY24 results during the week are Bajaj Finserv, MAS Financial Services, Tata Consumer Products, Tata Elxsi, Mahindra and Mahindra Financial, Bajaj Finance, Persistent Systems, Cyient, IndusInd Bank, L\u0026T Technology Services, Bajaj Holdings And Investment, L\u0026T Finance, SBI Cards and Payment Services and SBI Life Insurance Company etc. Investors will be eyeing HSBC Composite PMI Flash, HSBC Manufacturing PMI Flash, HSBC Services PMI Flash, which is scheduled to be released on April 23. The HSBC India Composite PMI was revised upward to 61.8 in March 2024 from a preliminary reading of 61.3, pointing to the second-strongest upturn in over the past years. Foreign Exchange Reserves data to be out on April 26. Foreign Exchange Reserves in India increased to $648560 million on April 5 from $645580 million in the previous week. On the global front, investors would be eyeing some important economic data from the world’s largest economy, the United States (US), starting from the Chicago Fed National Activity Index on April 22, Redbook, S\u0026P Global Composite PMI Flash and New Home Sales, on April 23. Besides these, Durable Goods Orders on April 24, Goods Trade Balance Adv, Continuing Jobless Claims, Real Consumer Spending, on April 25, and Michigan Consumer Sentiment, Baker Hughes Oil Rig Count on April 26 data will be released.\n\n#Sensex #Nifty #Q4Results #UsJobsData #DalalStreet\n\nhttps://www.businesstoday.in/markets/top-story/story/sensex-nifty-this-week-key-factors-that-may-guide-d-street-amid-geopolitical-tensions-426283-2024-04-21",
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