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=======================================================================Indian Markets Outlook for the week – 11.Apr.2016 to 15.Apr.2016 (Subdued in shortened week; cos' earnings eyed)
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( www.rupeedesk.in )
Having lost 2% in the past five sessions, equities are set to remain subdued in the holiday-shortened week ahead in the run-up to the corporate earnings that will set the
tone for shares in the short- to medium-term.
Stock markets are closed on Thursday for Dr. Baba Saheb Ambedkar Jayanti and the
next day for Ram Navami. We believe the upcoming earning season, which is scheduled to begin next week, will provide the needed trigger for directional move.
Market participants should continue with stock-specific trading approach but avoid
overleveraging. Market participants are eagerly awaiting the results for the quarter and the year ended Mar 31 as the previous financial year has been a difficult one for corporate India.
Sluggish demand in domestic and international markets due to global economic slowdown, particularly in China, hit companies' topline and bottomline growth in 2015-
16 (Apr-Mar).( www.rupeedesk.in )
