Investors will continue to monitor fourth-quarter corporate results. Shree Cement will announce January-March 2019 quarterly earnings on 18 May 2019. Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Tata Motors will announce January-March 2019 quarterly earnings on 20 May 2019.Bosch and Tech Mahindra will declare January-March 2019 quarterly earnings on 21 May 2019. Cipla and IndusInd Bank will unveil January-March 2019 quarterly earnings on 22 May 2019. Grasim Industries will declare January-March 2019 quarterly earnings on 24 May 2019.
On the political front, 59 constituencies, spread over seven states and one Union Territory, will go to polls in the concluding phase on Sunday, 19 May 2019 in seventh and the final phase of the Lok Sabha elections. Counting of votes for all the seven phases will be taken up on 23 May 2019.Exit poll for the current Lok Sabha elections will be closely watched on 19 May. Exit polls will offer early clues to the final poll results.
On the global front, developments in trade tensions between the United States and China will be closely watched. Japan will be post GDP growth figures for the first quarter on 20 May 2019.The OECD publishes its economic outlook for member countries and other major economies on 21 May 2019. The May Federal Open Market Committee (FOMC) minutes will be released on 22 May 2019.
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
Call on:9977499927
No comments:
Post a Comment