This week, investors will be eyeing key events such as India’s GDP growth rate, fiscal deficit data, RBI Monetary and Credit Information Review, along with the Fed Chairman Speech, and the GDP growth rate in the US that will keep the markets buzzing.
Of the 46 stocks, about 29 smallcap stocks scaled fresh 52-week highs in the last week. Some of the popular names in the smallcap list are SpiceJet, Latent View Analytics, SeQuent Scientific, Morepen Laboratories, Bliss GVS Pharma, SML Isuzu, Anand Rathi Wealth, Edelweiss Financial Services, Prataap Snacks, and 63 Moons Technologies.
In the coming week, traders will also be tracking a slew of earnings from industry’s big-wigs, like State Bank of India, Tata Motors, Bharti Airtel, Gail (India), Indian Oil Corporation, and Jindal Steel and Power
This week investors will be eyeing key data releases such as Q2 earnings of major IT companies, India's trade balance, Consumer and Wholesale Inflation data, and Industrial Production (IIP).