This week on Dalal Street, the emphasis will move from corporate earnings season to global cues. All eyes will be on the minutes of the Federal Open Market Committee, led by the Federal Chairman, from their most recent meeting, wherein the Federal Reserve maintained the major US interest rates steady and hinted at a cut in their next policy, which is expected to be announced in September.
D-Street Outlook Global Cues and FII Actions
At home, the focus will continue to be on patterns in the flows of funds from both domestic and foreign institutional investors. According to data from last week, FIIs net sold Indian shares worth Rs 8,616.4 crore, while DIIs net bought Rs 10,560.1 crore temporary exchange information.
FIIs have sold shares for a net total of Rs 28,976.9 crore so far in August, while DIIs have net purchased shares for Rs 34,060.1 crore.
The following is a summary of important elements and happenings on Dalal Street this week:
MACROECONOMIC INFORMATION/PRINCIPLES
home
On Thursday at 10:30 am, the HSBC PMI data on manufacturing and services in India is expected.
Worldwide, D-Street Outlook Global Cues and FII Actions
- Monday, August 19: Christopher Waller, a member of the Federal Reserve Board, is set to speak
- Tuesday, August 20: Fed official Raphael Bostic to talk; China rate decision; Hong Kong and Eurozone inflation statistics
- Wednesday, August 21: Fed Board of Governors Vice Chair Michael Barr will speak; FOMC minutes and data on crude oil stockpiles
- Thursday, August 22: US jobless claims, manufacturing and services PMI data information, US house sales information
- Friday, August 23: Jerome Powell, Chairman of the Fed, will address
Corporate earnings season draws to a close
| Company | Results announcement |
| BCG | 20-Aug-24 |
| CMICABLES | 20-Aug-24 |
| KDLL | 20-Aug-24 |
| MARKOLINES | 20-Aug-24 |
| SVRL | 20-Aug-24 |
| PGHL | 21-Aug-24 |
| TOYAMSL | 21-Aug-24 |
| GARBIFIN | 22-Aug-24 |
| ENERGYDEV | 23-Aug-24 |
| GENCON | 23-Aug-24 |
| SEACOAST | 24-Aug-24 |
Corporate Action
Throughout the week, over 100 equities are expected to trade ex-dividend, ex-buyback, ex-bonus, or ex-split. (D-Street Outlook Global Cues and FII Actions)
Account opning link:
- Groww Account- https://app.groww.in/v3cO/kyrp1zph
- Kotak neo Account https://kotaksecurities.ref-r.com/c/i/32531/109103906
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