| Trigger for the Week | How will it Impact? |
|---|---|
| Coronavirus will continue to be the big story for the markets this week | After most global markets tanked last week, the virus story will need some positive cues from China |
| Nifty lost close to 7% during the week with higher VIX | With little buying interest markets may, at best, remain tepid to flat during the coming week |
| SBI Cards IPO opens on March 02 and that will be a key factor | With strong demand from anchor investors, SBI Cards is expected to garner a solid response from all segments |
| Keep an eye on the next steps taken by Vodafone Idea on AGR issue | With Bharti Airtel having paid Rs.18,004 crore to the DOT, the onus will be on Vodafone to move fast on AGR |
| Tata Motors and other auto stocks will continue to face pressure | Auto stocks are hit by the virus on the demand side and also in terms of input costs from China |
| Crude oil could benefit India but also hint at a slowdown | With Brent getting close to $50/bbl, India should benefit from the lower trade deficit. Global GDP to be lower. |
| Look for FII selling after nearly Rs.12,000 crore sold in the week | The previous week was risk-off with FIIs selling in equity and in debt in favor of safer havens |
| Rupee weakening beyond 72 could be a major issue for the market | RBI has not shown much interest in intervening and rupee weakness may discourage FIIs further |
| GDP growth at 4.7% and core sector growth at 2.2% to remain in focus | GDP showed a small bounce but manufacturing remains tepid and that could be negative for capital goods |
| Agricultural growth at 3.7% for fiscal 2019-20 could be a boost | Agri related stocks could benefit from this rural boost as could FMCG stocks catering to rural areas |
| Watch out for the PMI Manufacture and Services numbers this week | IF PMI can repeat the stellar performance of January, it will be good news for the manufacturing sector |
| Metal stocks to be in limelight after the sharp correction last week | Most metal stocks like Hindalco, Vedanta took a major hit on expectations of weak Chinese demand |
| Keenly watch for Dividend plays ahead of March year-end | Major PSUs with adequate cash are expected to deliver huge dividends to investors ahead of April deadline |
| The outcome of OPEC meeting on oil supply cuts to be key | It remains to be seen if the OPEC and Russia actually get into deep supply cuts to support oil prices |
