Blue-chip earnings in focus for Sensex and Nifty

Reuters Market Eye - Trading is expected to be dominated by corporate earnings in the near term, with blue chips including Reliance Industries Ltd , HDFC Bank Ltd , Housing Development Finance Corp , and Axis Bank Ltd set to post results.

Global factors will also be key after a Malaysian plane was shot down in eastern Ukraine, stoking tensions between Russia and the West.

Progress on monsoon would also be a key focus area for equity traders in the near term.

KEY FACTORS/EVENTS TO WATCH

Sat: Reliance Industries , UltraTech Cement

Mon: Canara Bank , HDFC Bank ,

Housing Development Finance Corp ,

 

Idea Cellular

Tues: Axis Bank , Asian Paints

Wedn: Cairn India

Thurs: Wipro , Ambuja Cements, ACC

Fri: Punjab National Bank

(Reporting by Abhishek Vishnoi)