HDFC Bank and M&M Financials are scheduled to come out with their numbers on July 18.Reliance Industries will hold its AGM on July 15. This is one of the most-tracked annual general meetings in India thanks to a trend of mega announcements during the event. After a slew of big-bang announcements in the last few months, the company in this AGM may just focus on the path ahead. Market watchers will keep an eye on the number as rising inflation could force the Reserve Bank of India to pause further monetary easing. “Bank Nifty, which had been rising mutedly until now, outperformed the benchmark during the week gone by and financial stocks have contributed the most to Nifty gains.

Source: Economic Times July 12, 2020 05:45 UTC