Dalal Street Week Ahead: Big data, rate decisions, FII moves set to influence market
Domestic equity indices made marginal gains during the trading week from December 9 to December 13, with the Nifty 50 up 90.5 points, or 0.4 percent. Overall gains were driven by strong buying interest in areas such as IT and consumer durables. On the other hand, stocks of PSU banks and FMCG and oil and gas firms ended up looking higher. Bajaj Finance, Shriram Finance, Wipro, Infosys and Tata Steel, with weekly gains of between 2.5 percent and 4.0 percent, were the top gainers among the 17 gainers in the Nifty 50 basket. -flipside, HUL, Tata Consumer, Reliance, NTPC and Cipla were the weekly losers in the pack, falling within a percent 3.5 and 6.0 percent.
Here is how the various sector gauges have performed on the NSE:
| Index | Weekly Change (%) |
| NIFTY IT | 2.9 |
| NIFTY CONSUMER DURABLES | 1.7 |
| NIFTY REALTY | 1.0 |
| NIFTY MONEY SERVICES | 0.7 |
| NIFTY METAL | 0.4 |
| NIFTY BANK | 0.1 |
| NIFTY PRIVATE BANK | 0.0 |
| NIFTY HEALTHCARE INDEX | -0.5 |
| NIFTY AUTO | -0.8 |
| Company NIFTY PHARMA | -1.2 |
| NIFTY OIL AND GAS | -1.4 |
| NIFTY FMCG | -1.5 |
| NIFTY PSU BANK | -1.9 |
| NIFTY MEDIA | -6.0 |
The broader indices were a mixed bag, with the Nifty Midcap 100 and Nifty Smallcap 100 up 0.5 percent and down 0.4 percent respectively.
Foreign institutional investors (FIIs) sold Indian stocks worth Rs 226.7 crore during the week, while domestic institutional investors (DIIs) bought a total of Rs 2,880 crore, according to provisional exchange data. However, this month so far, FIIs and DIIs have both brought in inflows to Dalal Street, with shares bought to the tune of Rs 11,706.9 crore and Rs 4,672.5 crore, respectively.
As market participants await the new week, here are a few key events to focus on on Dalal Street:
AT HOME
The week will begin with the scheduled release of the private PMI survey on manufacturing and services jobs in the country, due at 10:30 a.m. on Monday.
Later that day, monthly data sets on inflation trends and national passenger car sales are due at noon.
Minutes of the December policy meeting are due at 5pm on Friday.
THE WHOLE WORLD
| The day | Data/event |
| December 16 | US, UK & Japan PMI data and services, China’s factory output and unemployment data, ECB President Christine Lagarde’s speech |
| December 17 | US factory data and retail sales data, UK unemployment data |
| December 18 | US crude oil stock data, Japanese trade data, UK inflation data, Eurozone inflation data |
| December 19 | Fed rate decision, BoJ rate decision, BoE rate decision, US jobless claims and home sales data |
| December 20 | Japan inflation data, China rate decision, UK retail sales data, Hong Kong inflation data |
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