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Sensex, Nifty seen volatile on global factors, RBI eyed

Sensex, Nifty seen volatile on global factors, RBI eyed

Auto and two-wheeler stocks would be on watch as Hero MotoCorp, Mahindra & Mahindra announce quarterly earnings. State-run bank shares would take cues from State Bank of India's results.

Bombay Stock Exchange Bombay Stock Exchange

The BSE Sensex and Nifty may remain volatile amid global risk aversion.Investors will also shift focus to RBI's policy review on Tuesday.

RBI is likely to leave its key interest rate unchanged, according to a Reuters poll.

Auto and two-wheeler stocks would be on watch as Hero MotoCorp (HROM.NS), Mahindra & Mahindra (MAHM.NS) announce quarterly earnings. State-run bank shares would take cues from State Bank of India's results.

KEY EVENTS/FACTORS TO WATCH

Monday: Power Grid Corporation of India results; HSBC Markit Services PMI

Tuesday: RBI policy review; Hero MotoCorp (HROM.NS) earnings

Wednesday: Apollo Tyres results

Thursday: Jubilant Foodworks earnings

Friday: Mahindra and Mahindra, State Bank of India earnings

(Reuters)

 

 

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
Published on: Aug 02, 2014, 6:49 PM IST
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