Q1 results to influence trading in mkts in holiday-shortened week: Analysts ...Middle East

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Q1 results to influence trading in mkts in holiday-shortened week: Analysts
source : Business Standard ( Middle East ) () 59
Quarterly earnings from several blue-chip firms, including Infosys and Reliance Industries, global trends, along with trading activity of foreign investors, would act as the major driving factors for equity markets' movement in a holiday-shortened week ahead, analysts said. The domestic WPI inflation data for June -- scheduled to be announced on Monday -- will also influence trading sentiments, traders said. Markets will remain closed on Wednesday for Muharram. Among major quarterly earnings to be tracked this week are from HDFC Life Insurance Company, Bajaj Auto, BPCL, JSW Steel, Asian Paints, Infosys, and Reliance Industries. "Q1 earnings will be a key focus this week as numerous companies

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