Trigger for the Week |
How will it Impact? |
Markets likely to react favourably to Brent Crude below $61/bbl |
Combination of US supply at 20 million bpd and the China virus will keep oil prices under pressure |
Private banks to react to weakening asset quality across the board |
Apart from HDFC Bank and Kotak Bank, ICICI Bank also saw a sharp rise in its BB quality loan portfolio |
Direct tax cuts in the Budget 2020 could drive markets this week |
Higher taxable slabs and lower rates could be positive for consumption and banking stocks this week |
Higher taxable slabs and lower rates could be positive for consumption and banking stocks this week |
Fiscal deficit under 3.8% will be seen as positive for banks and other rate sensitive sectors |
F&O expiry on Thursday likely to be marked by Budget accumulation |
India enters a long 6-day trading week and F&O expiry could see buying and long rollover in budget stocks |
Big Q3 results are due this week across key heavyweights |
Big numbers this week from HDFC, SBI, Bharti, Bajaj Auto, Maruti, HUL and Tech Mahindra to drive markets |
Markets await the update on the Chinese corona virus story |
With weak demand being a real threat, any update on control measures will be seen as positive by markets |
Big budget focus will be on income taxes, LTCG tax and DDT |
Rationalization of these taxes considering the economic slowdown could be a big boost for the markets |
AGR due date may be gone but this week could be critical for telcos |
Bharti and Vodafone still need to pay a princely sum. Any concession will be welcomed by telcos this week |
Watch out for the economic survey ahead of the budget announcement |
The GDP growth and inflation outlook will be critical in determining the future stance of the Budget 2020 |
Keep an eye on the VIX which shot up sharply during the week |
The 820 point fall in Sensex was accompanied by VIX above 15 and that could add to expiry volatility |
Asian market reaction could be delayed due to New Year holidays |
Apart from the Chinese New year, Australia Day may also keep Asian markets tepid during the week |
US Fed meets on 28-29 Jan and rate cuts are already ruled out |
With rate cuts unlikely, the focus for Indian markets will be on the language of the Fed and its monetary outlook |
BREXIT is on Jan-31 with withdrawal agreement already signed on 24 Jan |
Indian markets on Budget Day could also react to the outcome of the BREXIT and the global volatility |