<p> Inflation data, corporate results and the progress of the Monsoon Session of Parliament, as investors await policy initiatives, will dictate the stock market trend this week.<br /><br /></p>.<p>Inflation data on Tuesday will be key for the market in a shortened trading week because of the Independence Day holiday on Wednesday, August 15, experts said.<br />Besides, they added, investors are awaiting some policy action from Finance Minister P Chidambaram.<br /><br />“Markets are eagerly awaiting follow-up action from the Finance Minister,” said Kotak Securities Head (PCG Research) Dipen Shah.<br /><br />Another analyst, Geojit BNP Paribas Head (Research) Alex Matthews said, “Market is expected to remain in a range-bound manner this week. No major upside or downside is expected. Markets keenly look forward to some major reform announcement from the FM.”<br /><br />Investors will closely watch the progress of the Monsoon Session, marketmen noted.<br />“There is a belief that some of the reforms will take place in the ongoing Monsoon Session of Parliament and the FM will do a lot better to bring back investors,” said CNI Research Chairman and Managing Director Kishor Ostwal.<br /><br />Investors were enthused by Chidambaram’s comments last week to unveil a broad roadmap to regain investor confidence, and indicating that the government will work with the RBI to moderate inflation.<br /><br />Experts also said that sustained buying by foreign funds is a big positive factor for the market.<br /><br />Foreign institutional investors (FIIs) have been gross buyers of Indian equities worth Rs 17,544 crore, while they sold equities worth Rs 12,750 crore - a net inflow of Rs 4,794 crore so far this month, as per the Sebi data.<br /><br />Marketmen said, however, that corporate earnings to be announced this week by some heavyweights will play a major role in equity movements.<br /><br />Tata Steel and Coal India will declare Q1 earnings on Monday, while Hindalco and Reliance Infrastructure will do so on Tuesday. <br /><br /></p>
<p> Inflation data, corporate results and the progress of the Monsoon Session of Parliament, as investors await policy initiatives, will dictate the stock market trend this week.<br /><br /></p>.<p>Inflation data on Tuesday will be key for the market in a shortened trading week because of the Independence Day holiday on Wednesday, August 15, experts said.<br />Besides, they added, investors are awaiting some policy action from Finance Minister P Chidambaram.<br /><br />“Markets are eagerly awaiting follow-up action from the Finance Minister,” said Kotak Securities Head (PCG Research) Dipen Shah.<br /><br />Another analyst, Geojit BNP Paribas Head (Research) Alex Matthews said, “Market is expected to remain in a range-bound manner this week. No major upside or downside is expected. Markets keenly look forward to some major reform announcement from the FM.”<br /><br />Investors will closely watch the progress of the Monsoon Session, marketmen noted.<br />“There is a belief that some of the reforms will take place in the ongoing Monsoon Session of Parliament and the FM will do a lot better to bring back investors,” said CNI Research Chairman and Managing Director Kishor Ostwal.<br /><br />Investors were enthused by Chidambaram’s comments last week to unveil a broad roadmap to regain investor confidence, and indicating that the government will work with the RBI to moderate inflation.<br /><br />Experts also said that sustained buying by foreign funds is a big positive factor for the market.<br /><br />Foreign institutional investors (FIIs) have been gross buyers of Indian equities worth Rs 17,544 crore, while they sold equities worth Rs 12,750 crore - a net inflow of Rs 4,794 crore so far this month, as per the Sebi data.<br /><br />Marketmen said, however, that corporate earnings to be announced this week by some heavyweights will play a major role in equity movements.<br /><br />Tata Steel and Coal India will declare Q1 earnings on Monday, while Hindalco and Reliance Infrastructure will do so on Tuesday. <br /><br /></p>