Friday 21 December 2012

Indian stocks

Markets Weekahead: Derivatives' expiry key for Indian stocks

          People walk past the Bombay Stock Exchange (BSE) building in Mumbai January 9, 2009. REUTERS/Punit Paranjpe/Files

 Reuters Market Eye - Indian markets are expected to remain volatile ahead of the expiry of derivatives on Thursday and given the anxiety over the so-called U.S "fiscal cliff" negotiations at a time of thin volumes.

Developments in the U.S. fiscal cliff talks are expected to especially affect software service exporters such as Infosys and Tata Consultancy Services .
Tuesday: Christmas holiday
Wednesday: The government may take a final call on raising import duties on sugar.
Thursday: Derivatives expiry for December
(Reporting by Manoj Dharra)

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