InvestorQ : Hi Diksha, what in your opinion will be the major trading and investment cues for the coming week starting on 21 September?
Arusha Ray made post

Hi Diksha, what in your opinion will be the major trading and investment cues for the coming week starting on 21 September?

Answer
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diksha shah answered.
4 weeks ago


Here are some of the key triggers for the coming week starting on 21 September?

· Listing of Route Mobile will be of interest after the 111% premium on listing for Happiest Minds. Route Mobile grey market is at 60% premium

· Three big IPOs in the coming week; Chemcon, CAMS and Angel Broking in first two days of the week could be trigger for primary markets

· Coronavirus cases clock more than 90,000 per day and movement curbs imposed in Mumbai and tightening could impact markets

· Nearly 4 companies are close to the finish line for Coronavirus vaccine and this could be the good news that markets were waiting for

· FIIs turned net buyers to the tune of Rs.1700 crore in September 2020. However, DFIs showed pressure with outflows of Rs.5700 crore

· VIX close to 20 with a sharp fall on Friday means downside risk is limited and the F&O expiry on 24 September should be smooth

· Border situation remains tense and Chine continues sabre rattling. Daily changes in the border situation is turning out to be the biggest geopolitical risk for the markets

· Two stocks to watch would be Vedanta and HDFC Bank. While HDFC Bank has a class action suit against it, Vedanta is expecting SEBI approval for its delisting

· Markets will focus on global data cues like the US PMI Manufacturing, Fed chair testimony, jobless claims, EU PMI, Japan PMI and monetary policy for direction