The bulls may have brushed aside concerns of rising crude oil prices and inflation for the week. Short covering added to the joy and despite conviction, the bulls managed to notch up gains for the week.
But the coming week could turn out to be a different story. Much depends on what the central banks in India and US do. Both, the Fed and RBI are meeting next week (of course separately). Much will depend on the outcome of both these meets.
On the other hand, investors will also digest numbers from ICICI Bank, which declares its results on Saturday. With results season in, short term stock specific activity will continue depending on the numbers declared.
The India Infoline Weekly Wrap keeps you abreast of the markets and arms you for the markets in the coming week. To access the India Infoline Weekly Wrap, just Click Here
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