Trigger for the Week |
How will it Impact? |
US Coronavirus spread and DJIA will hold the key to next week |
US crossed 1.25 lakh cases and 2500 casualties and that could spook the Dow and global markets |
Indian spread of Coronavirus and Migrant problem could be the focus |
Markets could be worried that a huge migrant exodus risks creating a COVID-19 pandemic in India |
OPEC admits to 20% compression in crude oil demand |
With the fall in demand for petrol, refining capacities are idling creating huge risks for oil companies |
Indian markets will look for growth cues after weak US jobs data |
US jobless claims expanding to 3.3 million could worry markets as it ends the jobs boom of the last 10 years |
Rate sensitives may see the impact of 75 bps rate cut this week |
Select banks, NBFCs, and realty companies could be among the beneficiaries on the big RBI rate cut |
FII selling has finally tapered towards the end of March |
However, FPIs have sold over Rs.1.3 trillion in March and that could continue to be an overhang on markets |
Markets will be watching if the Indian rupee can sustain the bounce |
RBI intervention and GDP push supported rupee at 76/$ and that level could hold the key for the week |
Markets await a fiscal package from the government |
After the monetary boost last week, markets expect a slew of tax cuts & exemptions to neutralize lockdown |
Tata Motors could set the template for diversified auto companies |
With TAMO separating PV/EV and CV business, other auto companies may use it as a template to revive |
Bank stocks still have a lot of open short positions pending |
The rate cut and the liquidity boost could lead to a surge in short-covering in banks pushing up the Nifty |
Core sector numbers to be declared on Tuesday for February 2020 |
Core sector is expected to be disappointing & a deep negative growth could impact sentiments in market |
Auto numbers for March could disappoint with shutdowns |
The markets will be keen to look at the overall impact on output and deep cuts in sales will be a dampener |
Crude prices are well below $30/bbl and will be a dual impact |
The slump in demand will keep crude under pressure but markets need better crude prices to sustain |
Pace of VIX cooling in the coming week will be a deciding factor |
VIX has cooled from 86 to 70 but it is still too high to warrant an end to volatility and a bounce in markets |