Next week is very important for market, IIP data will be announced at 11 November and Retail inflation data will be announced at 12 November and WPI inflation data will come on 15 November. According to market experts IIP data expected to be strong, it may be at 3.5-3.7%. However Inflation data may not good CPI inflation rate expected to be near at 9.9% and WPI inflation rate will be near at 7%. Due to higher Disel price inflation rate increase. Share market may tumbled due to inflation data .
RBI expected to increase interest rates to 0.25%. Indian Rupee expected to remain 61-62 level against US dollar
@ Money Maker Research Pvt Ltd
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