| Trigger for the Week | How will it Impact? |
|---|---|
| Government likely to announce telecom fund for AGR | This is likely to be a positive yet revenue-neutral deal for telcos to borrow and pay up their AGR dues |
| MPC minutes clearly hint at no rate cuts in the next two policies | This is likely to keep banks and financials muted as MPC wants inflation to first trend lower by 300 bps |
| Watch out for the big GDP number announcement on 28 February | Q3 GDP assumes significance after the NCAR lowered full-year GDP estimates for FY20 to 4.9% |
| Keep an eye on the rupee which showed signs of weakening | Rupee went as low as 71.80/$ last week and a dollar bounce could only add more pressure on the rupee |
| Markets will keep a close watch on the Coronavirus impact | The impact has been pronounced on pharma and the electronics sector due to supply chain disruption |
| Crude oil could see a bounce during the week on OPEC signals | With the slowdown in demand, OPEC and Russia are expected to announce indicative supply cuts in crude |
| Mid-caps could be in the thick of the action in the coming week | With nearly 40 mid cap stocks gaining up to 30% in the week, that could be the segment to focus on |
| President Trump’s visit to India could dominate headlines | Signals of a trade deal would be positive but any censure on geopolitical risk could be negative for India |
| Aurobindo report on Friday may negatively impact the stock | The rescinding of the November report by the US-FDA could be negative for Aurobindo and for pharma stocks |
| Keep a watch on PSU banks after the farmer loan admission | Farmer loans created bad debts of Rs.67,000 crore and that could create NPA worries for PSU banks |
| Gold at $1650/oz clearly hints at risk-off buying in global markets | A rally in gold is normally bad for emerging markets like India which depend on risk capital flows |
| Core sector and auto numbers could be critical this week | Core sector for January and auto numbers for February could be critical growth inputs during the week |
| US 30-year yields drop to a record low, leading to slowdown fears | The yields reflect the concern over the virus syndrome and could have an impact on Indian stocks too |
| G-20 finance ministers and central bankers meet in Riyadh on Feb-23 | It remains to be seen if the central banks decide on a fresh stimulus package to combat the growth risk |
