Indian Markets to be volatile as IIP, WPI Inflation expected during the week - Microsec

Indian markets are likely to be volatile owing to the array of events which are scheduled in the following week. Economic indicators like IIP data and WPI Inflation data are scheduled during the week. Moreover some heavyweight results in the oil & gas, metal and banking spaces are going to hog the limelight.

Eventually the markets will look up to the budgetary session which commences from February 21,2013. Important results during the week are SBI,ONGC, SAIL, Hexaware and others.

We recommended a BUY for Bata India, Tube Investments, Pidilite Industries, Tata Global, JK Lakshmi Cement, Zydus Wellness in the midcap space from the long term perspective.

Source : Equity Bulls

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