US Bureau of Economic Analysis (BEA) will release its third estimate of Q2 GDP estimate on Friday, 26 September 2014
As monsoon approaches its retrieval, cumulative rainfall during this year's monsoon has so far up to 18 September 2014 been 12% below the Long Period Average
Developments from Prime Minister Narendra Modi's US tour from September 27-30 will be closely watched
Trend in investment by FPIs, trend in global markets, trend in other global emerging markets, the movement of rupee against the dollar and crude oil price movements will dictate near term trend on the domestic bourses.
The near-month September 2014 F&O contracts expire on Thursday, 25 September 2014.
Market may remain volatile ahead of expiry of September F&O contracts
Sensex rose 0.1% to 27,090.42 and Nifty rose 0.19% to 8,121.45 in the week ended Friday, 19 September 2014
The BSE Mid-Cap index underperformed the Sensex while the BSE Small-Cap index outperformed the Sensex during the week.
The rally was triggered by the US Federal Reserve at the end of a two-day policy meeting on Wednesday, 17 September 2014, maintaining a commitment to keep US interest rates near zero for a "considerable time".
A rally on Thursday, 18 September 2014 helped the market indices register marginal gains in the week ended Friday, 19 September 2014
Market ekes out tiny gains during the week
Infosys today, 19 September 2014, announced a global partnership with Huawei, a leading global information and communication technology (ICT) solution provider
Tech Mahindra gained 1.61% after the company announced that it will work together with Bosch Software Innovations to develop an ecosystem to enable innovative solutions for the connected world and connected enterprises.
HCL Technologies gained 1.67% after the company informed the stock exchanges about an announcement by North Carolina state government of HCL Technologies expanding its presence in Wake County in United States.
TCS rose 2.36% after Global credit rating agency Moody's Investors Service has affirmed TCS' local currency issuer rating at A3/Stable.