Weekahead - Markets to trade sideways in holiday-shortened week

Reuters Market Eye - Markets likely to trade sideways ahead of year-end holidays

Investors expect no major action, both domestically as well as globally.

Corporate earnings and reforms likely next big triggers for markets.

The Nifty is likely to trade between 8,050 and 8,450 in coming week.

Bond yields may inch up to 8.05 pct as dealers stay light during year-end.

The rupee is expected to remain weak on lack of fresh dollar inflows; may recover during latter half of week

Key events and factors to watch

Wed: Feficit data, infrastructure output

Fri: Manufacturing PMI, bankers' retreat with Finance Minister Arun Jaitley, central bank Governor Raghuram Rajan

 

(Reporting by Indulal PM)