The Week Ahead: Earnings season will pick up pace this week with Dr Reddy's, and several others slated to declare Q2 results. (Image: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The week ahead will be a shortened one for Indian markets as trading will remain shut on Tuesday and Wednesday on account of Diwali celebrations. Despite the festive lull at home, global markets will stay active with a heavy line-up of economic data releases from the US and the UK.
Globally, investors will track key economic data from the US and the UK, including the UK’s September CPI (expected at 4%) and a slew of US indicators such as crude oil inventories, initial jobless claims, home sales, and inflation readings due through the week.
Back home, the earnings season will pick