| Trigger for the Week | How will it Impact? |
|---|---|
| AGR ruling by the Supreme Court to be the big trigger for the week | The ruling is likely to favor Bharti Airtel and is likely to be loaded against Vodafone Idea on funding concerns |
| High inflation is likely to keep the pressure on financials | CPI inflation at 7.59% raises the spectre of higher bond yields, which is negative for bank bond portfolios |
| Trade deficit crosses the $15 billion mark in January 2020 | Trade deficit getting back to past the $15 billion mark will keep the pressure on the INR and FPI flows |
| Chinese Coronavirus has crossed 1500 death toll and spreading | This has continued to be an overhang for the global markets and could rub off on India too |
| DMART may continue to be the cynosure of all eyes this week | The stock corrected 7% after the QIP dilution and the OFS by the promoters and that could be an overhang |
| Crude is expected to bounce back during the coming week | While the virus toll could peak, oil could get a boost from a joint OPEC/Russia supply cut extension |
| Big bank merger announcement is expected during the week | The plan to merge 10 banks into 4 banks could be fully completed before the end of April this year |
| Key data points are expected from the international markets | FOMC minutes, US Manufacturing PMI, Euro core CPI and jobs as well as Japan Manufacturing PMI expected |
| Dollar strength to be closely watched this week | As Dollar makes a strong start to the year, INR could see sharp weakening beyond the 71.40/$ mark to 72 levels |
| RBI MPC minutes will be announced on Thursday 20th Feb | Minutes will be crucial in setting the tone of future rate action based on critical discussions of MPC members |
| With telcos on the brink, banks may be under pressure this week | Banks have overall exposure of Rs.150,000 crore to telecom in fund-based and non-fund based facilities |
| Yes Bank fundraising plans will be closely watched | For Yes Bank, funding promises must quickly translate into capital flows to sustain core capital of the bank |
| Dealers ask automakers to shift to BS-VI production fully | This could impact automakers as SC has rejected the FADA request to sell BS-IV vehicles after April 2020 |
| China to support local producers hit by the Coronavirus pandemic | This could be like a mini-stimulus but also endangers India’s plans to take over the Chinese space |
