Saturday, October 13, 2012

Market Outlook for the week 15th Oct 2012 onwards

Market Outlook
Since the earnings season has kicked off, India Inc is set to announce Q2 September 2012 results in the forthcoming week. Investors and analysts will closely watch the management commentary that would accompany the results, which could cause revision in their future earnings forecast of the companies for the current year or the next year. 

The Central Statistics Office (CSO) will unveil data on inflation based on the wholesale price index (WPI) for September 2012 October 15, 2012.

Reliance Industries (RIL) and Axis Bank will unveil Q2 results on October 15, 2012.

HCL Technologies will unveil its Q1 September 2012 results on October 17, 2012.

M&M will be in focus as the auto major unveils its high-end SUV SsangYong Rexton in Mumbai on October 17, 2012.

ACC and Ambuja Cement unveils Q3 September 2012 results on October 18, 2012.

ITC and TCS Q2 results will come out on October 19, 2012.

Bajaj Auto and UltraTech Cement Q2 results will be released on October 20, 2012.

Lawrence Sequeira
Proprietary Trader & Trainer (Equities & Derivatives)