INSUBCONTINENT EXCLUSIVE:
Traders and investors on Dalal Street would focus on India's second quarter GDP print, which is expected to dive further, besides taking
cues from global factors in the expiry week ahead
If the GDP numbers surprise positively, that good be seen as a good omen for the economy and markets.
This apart, expiry of November series
F-O contracts may mean a volatile week ahead
Besides, traders will also track FII inflows.
Going by the buzz on Dalal Street, here are the key factors that will guide the market next
week:
November expiryThe market may be volatile this week, especially on Thursday, November 28, when traders will shift their positions as
the November series futures and options (F-O) contracts will expire
numbersIndia will release its GDP growth print for September quarter on Friday
Analysts are expecting the rate to dip below 5 per cent
SBI has cut GDP growth forecast for the second quarter to 4.2 per cent, a multi-quarter low.
FII inflowsForeign institutional investors
poured in more than Rs 5,000 crore on the last day of the week, taking net inflows to the equity market to Rs 2,683.96 crore, as per data
Marketmen will track foreign fund flows to Indian equities to gauge their stance
Overall, FIIs have largely been bullish on the Indian market in November, investing Rs 17,548 crore.
Global cuesA number of data will be
released this week, starting from US new home sales data for October
On Wednesday, China will come out with industrial profits number for October while US GDP Q3 estimates will be released
US EIA Crude Oil stocks Change data for 22 Nov will also be published
On Thursday, US initial and continuing jobless claims numbers will be out
The similar data for Japan will be released on Friday
