Key benchmark indices recorded
stellar gains and hit fresh record highs in the week ended 3 Nov 2017, in
effect World Bank report heightened India by a whopping 30 notches at 100 in
the World Bank's Ease of Doing Business rankings.
Going ahead, financial results of the
Indian companies will continue to be the key factor to dictate market next week.
As of result announcement, Century Textile, GIPCO, Gujarat Gas, HUDCO, L&T
Infotech, Parag Milk are set to announce their results on Monday 6th Nov 2017.
Cipla Ltd, Alembic Pharma, BHEL, Liberty
Shoes are some of the companies that announce their results on Tuesday, 7 Nov
2017. Tata Motors and Aurobindo Pharma, SAIL and Bajaj Electrical will announce
their results on Thursday, 9 Nov 2017. Mahindra & Mahindra, Nestle and SBI
will announce Q2 results on Friday, 10 Nov 2017 and Coal India and L&T will
unveil Q2 results on Saturday, 11 Nov 2017.
On share sale issue, the IPO of
footwear maker, Khadim India remains open for bidding from 2 Nov 2017 to
Monday, 6 Nov 2017, while the IPO of HDFC Standard Life Insurance Company will
remain open for bidding from Tuesday, 7 Nov 2017 to Thursday, 9 Nov 2017.
Meanwhile, the Goods & Services
Tax (GST) Council chaired by finance minister Arun Jaitley along with finance
ministers of all states will reportedly attend the meeting in Guwahati on
Thursday and Friday, 9 & 10 Nov 2017 to consider further changing the
liberal quarterly tax filing scheme for Small & Medium Enterprises (SMEs).
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