Markets: What to watch out Next Week

The BSE barometer, Sensex fell on the week ended Friday by 44.43 points at 33,307.14 on account of continued selling pressure emerged at the end of the session in Banking, IT, Metals, and Power. The NSE Nifty too declined by 15.80 points to 10,226.20.

Here is what to watch in the coming week with the key events that could have an impact on the sentiment on the market:

As per media reports, the Government is likely to get interim dividend of Rs 100 billion from Reserve banks of India, this month.

In the economic front, the govt will release Industrial production data for January 2017 and CPI inflation data for February 2018 on Monday, 12 March 2018.  Inflation data based on WPI (wholesale price index) for February 2018 will announce on Wednesday, 14 March 2018.

As per media report, 26th meeting of the GST Council is scheduled to meet on 10 March 2018, in New Delhi. The FM Arun Jaitley will reportedly conclude the return filing process and give approval for the rollout of e-way bill from 1 April 2018.

In the primary market front, the IPO of Bharat Dynamics Limited (BDL) will open for subscription on Tuesday, 13 March 2018. The price band has been fixed Rs 413 to Rs 428 per share. The IPO will close on Thursday, 15 March 2018.

Bandhan Bank Limited, the Indian banking and financial services company, will launch its IPO on Thursday, 15 March 2018 and closes on 19 March 2018.

The IPO of Hindustan Aeronautics Limited (HAL) opens for subscription 16 to 20 March. Price band tentatively is Rs. 215 to 1,240, total IPO size 34,107,525 shares, Face value Rs.10 per share. Listing will be on both NSE and BSE. 

Stay informed for making plans to invest with different portfolios