Markets Weekahead - Sideways trading for shares expected after record highs

Image
Reuters
Last Updated : Aug 22 2014 | 5:05 PM IST

REUTERS - The Nifty could trade range-bound after climbing to record highs four times in the week ended Aug. 22.

The expiry of monthly derivatives contracts on Thursday expected to raise caution.

India also due to announce April-June current account deficit data sometime in the next week and GDP data on Friday.

Global factors will also be key with U.S. Federal Reserve chief Janet Yellen due to give a speech in Jackson Hole, Wyoming, later in the day.

KEY EVENTS/FACTORS TO WATCH

Also Read

Tentative: April-June Balance of Payments and Current Account data

Fri: Market closed for local holiday

April-June GDP (1730 India time)

(Reporting by Indulal P)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 22 2014 | 4:59 PM IST

Next Story