Inflation data, geopolitical developments to drive markets - News Summed Up

Inflation data, geopolitical developments to drive markets


Inflation data and developments arising from simmering tension between the US and North Korea will guide Indian equities' movement in a holiday-shortened week ahead, say experts. "Currently, domestic confidence has fallen given Sebi's action over shell companies which impact near-term liquidity. Going ahead, market will take cues from CPI and WPI inflation data. Any escalation of geopolitical tensions will have bearing on the market," said Vinod Nair, Head of Research, Geojit Financial Services. "Geopolitical developments will guide our markets in the week ahead," said VK Sharma, Head - Business, Private Client Group, HDFC Securities.


Source: dna August 13, 2017 05:37 UTC



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