#Markets a head #Earnings heavy
Week a head for Markets
#Data Heavy
#Earnings Heavy
Earnings season have kicked off and next week in US: Microsoft, Alphabet, Facebook, Amazon, Coca-Cola, Visa, Boeing, Mastercard, and Exxon Mobil set to announce the results.
Earning reaction
Indian markets on Monday will first react to Reliance Industries and ICICI Bank quarterly numbers announced over the weekend and during the week nearly 200 companies announcing numbers including prominent names like IndusInd Bank, Bajaj Auto, HDFC Asset Management Company, Nestle India, Tata Consumer Products, Bajaj Finance, Maruti Suzuki India, Axis Bank, Bajaj Finserv, Hindustan Unilever, Tech Mahindra, Wipro, UltraTech Cement, and Kotak Mahindra Bank, etc
On Global data front
The spotlight will be taken by advance estimate for US Q1 GDP growth rate, personal income and spending, etc.
The GDP figures will be released for France, Euro Area, Germany, Italy, Spain, South Korea, and Mexico.
Finally, investors will closely follow inflation rates for France, Spain, Germany, and Australia and monetary policy decision in Japan.
Technically
Markets are mix bulls and bears are fighting at 17500 levels
Key Support for #Nifty 17420/ 17180
Key resistance zone 17700/17858
#Data Heavy
#Earnings Heavy
Earnings season have kicked off and next week in US: Microsoft, Alphabet, Facebook, Amazon, Coca-Cola, Visa, Boeing, Mastercard, and Exxon Mobil set to announce the results.
Earning reaction
Indian markets on Monday will first react to Reliance Industries and ICICI Bank quarterly numbers announced over the weekend and during the week nearly 200 companies announcing numbers including prominent names like IndusInd Bank, Bajaj Auto, HDFC Asset Management Company, Nestle India, Tata Consumer Products, Bajaj Finance, Maruti Suzuki India, Axis Bank, Bajaj Finserv, Hindustan Unilever, Tech Mahindra, Wipro, UltraTech Cement, and Kotak Mahindra Bank, etc
On Global data front
The spotlight will be taken by advance estimate for US Q1 GDP growth rate, personal income and spending, etc.
The GDP figures will be released for France, Euro Area, Germany, Italy, Spain, South Korea, and Mexico.
Finally, investors will closely follow inflation rates for France, Spain, Germany, and Australia and monetary policy decision in Japan.
Technically
Markets are mix bulls and bears are fighting at 17500 levels
Key Support for #Nifty 17420/ 17180
Key resistance zone 17700/17858
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