Reuters Market Eye - Indian companies continue to report earnings, with the focus shifting to energy and commodity blue chips as well as the Reliance companies controlled by billionaire Anil Ambani.
On the economic front, Indian inflation data will be key as investors fear a weak monsoon is keeping food prices high at a time of continued signs of slowing economic growth.
Indian wholesale prices are expected to rise 7.37 percent in July from a year earlier, compared to 7.25 percent in June, according to a Reuters poll.
Investors are also awaiting policy initiatives from the government after Finance Minister P. Chidambaram promised to unveil fiscal consolidation steps.
Among key April-June earnings: Saturday: ONGC, Reliance Capital , Reliance Communications Monday: Tata Steel , Coal India Tuesday: Reliance Power , Reliance Infrastructure
Markets will be closed on Wednesday for Independence Day.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
