Markets week ahead: Shares to consolidate ahead of RBI policy review - NDTV

Reuters | Updated On: April 27, 2013 13:39 (IST) The Reserve Bank of India's (RBI) guidance on future policy stance will be key for direction in the near-term post the policy outcome due around 11 a.m. on Friday. The Nifty is expected to move in a range of 5750-5950 ahead of the RBI policy, dealers said. Key events to watch On Monday, the country's largest consumer goods firm Hindustan Unilever is expected to report its quarterly earnings. India's factory output data for the month of March is due to be released on Tuesday. Also on Tuesday, government data on fiscal deficit is scheduled to be released. The markets will be closed on Wednesday because of a local holiday. IDFC earnings are expected on this day. On Thursday, the apex bank is to release its macro-economic review around noon. Also, telecom major Bharti Airtel will be posting its quarterly earnings. Quarterly results of Ambuja Cements Ltd and ACC Ltd will also be released on Friday. The week will conclude wi th RBI's annual monetary policy in the evening on Friday. Copyright @ Thomson Reuters 2013 For Profit Update, via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEtj829jevv363FMmfdwzjENM0dQg&url=http://profit.ndtv.com/news/market/article-markets-week-ahead-shares-to-consolidate-ahead-of-rbi-policy-review-321486

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