New Delhi : Third-quarter results of blue-chips like RIL, Wipro and ITC, as well as global market trends, China GDP data, movement of rupee and oil will dictate stock market trading this week, experts told PTI.
“Trend in global markets, investment by foreign investors, movement of rupee against the dollar, crude oil prices and also third-quarter results of large-cap companies like Reliance Industries, HCL Tech, ITC will dictate trend of the market in near term,” said Vivek Gupta, CMT – Director Research, CapitalVia Global Research Limited.
Major companies slated to announce their December-quarter results this week include Kotak Mahindra Bank, Wipro, Reliance Industries, Axis Bank, HCL Technologies, UltraTech Cement, Idea Cellular, Cairn India and ITC.
