InvestorQ : What could be the big stock market stories to watch out for in the coming week starting on 12 July?
Arya Nanda made post

What could be the big stock market stories to watch out for in the coming week starting on 12 July?

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Anjana Aiyar answered.
5 months ago
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The coming week is likely to be action packed. In terms of data flows, the IIP growth and the CPI inflation will be announced on 12 July. Regarding the IIP growth for May-21, the focus will be a lot more on sequential growth in IIP than on the YOY growth, to gauge the extent of damage caused by COVID 2.0 and the subsequent recovery. The CPI inflation data will be announced for Jun-21 on 12 May and the focus shifts to food inflation and core inflation.

IN addition, the trade data for Jun-21 will be announced on Thursday while the WPI inflation also comes on Wednesday. On Friday, the weekly forex data as well as the bank credit and deposit data will be announced. Of course, the big trigger in this week will be the Rs.9,375 crore Zomato IPO which opens on 14 July. In addition, there are big quarterly results of Infosys, Wipro, HDFC AMC, LTTS, L&T Infotech, HDFC AMC and many more.

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