Trading in the F&O segment might be turbulent in the next week as traders roll over holdings from the near month May series to the June series. The F&O contracts for May 2022 will expire on May 26, 2022.
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Concerns about monetary tightening, China’s Covid lockdowns, and Russia’s war in Ukraine will all have an impact on markets.
Fund flows from foreign portfolio investors (FPIs) and domestic institutional investors will be monitored by investors (DIIs). In the short term, the trend in global stock markets, the movement of the rupee against the dollar, and crude oil prices will all determine the trend on the bourses.
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Delhivery will go public on May 24. The IPO took place from May 11 to 13, with a price range of Rs 462-487 per share. On May 27, Paradeep Phosphates will go public. The initial public offering (IPO) of Aether Industries Ltd will begin on May 24 and end on May 26.
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The earnings season is nearing its conclusion, with over 1,200 firms set to release their March quarter results in the coming week.
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Companies announcing their earnings next week include Steel Authority of India, Mahindra & Mahindra, Oil and Natural Gas Corporation, Zomato, Adani Ports and SEZ, Grasim Industries, Bank of India, Bata India, Coal India, Fortis Healthcare, MOIL, NHPC, Aban Offshore, Bharat Dynamics, Berger Paints India, Cummins India, Hindalco Industries, Zee Entertainment Enterprises, BEML, Gail (India), Glenmark Pharmaceuticals, Godrej Industries, India Cements, Jindal Steel & Power, and United Spirits.
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Others announcing earnings next week include Action Construction Equipment, Bharat Electronics, Birlasoft, Divis Laboratories, HG Infra Engineering, Kaveri Seed Company, The Ramco Cements, Shilpa Medicare, Sintex Industries, Talbros Engineering, Ugar Sugar Works, Asian Granito India, Balrampur Chini Mills, Bayer Cropscience, Globus Spirits, Grasim Industries, Ipca Laboratories, Jyothy Labs, NIIT, RailTel Corporation of India, Rites, Strides Pharma Science, Apollo Hospitals Enterprise, Ashoka Buildcon, Kolte-Patil Developers, Praj Industries, Religare Enterprises, S H Kelkar and Company, SJVN, Suzlon Energy, Torrent Pharmaceuticals, V-Mart Retail, Voltamp Transformers, Whirlpool Of India, Bedmutha Industries, Mishra Dhatu Nigam, Muthoot Finance, NMDC, Piramal Enterprises, Quess Corp, Wonderla Holidays, Atul Auto, Engineers India, Rashtriya Chemicals & Fertilizers, Goa Carbon, IFCI, IFGL Refractories, and TTK Prestige.
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The southwest monsoon is on its way to the mainland, with the meteorological service projecting an arrival over Kerala by the middle of next week. Because a large portion of the country’s cropland is dependent on rainfall for irrigation, the southwest monsoon from June to September is crucial for agriculture.
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Globally, China will release April Industrial Profits statistics on May 27, 2022. The April New Home Sales in the United States will be released on May 24, 2022. The April Durable Goods Orders for the United States will be announced on May 25, 2022.