HDFC merger, FOMC meeting minutes, FII flows to dictate markets this week; what should traders expect?


Source: livemint.com livemint.com

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In the trading week from July 3rd to 7th, Indian markets will be dictated by banking stocks after the HDFC twins merger, foreign funds flow coupled with global trends like the US Fed meet minutes, US market amidst employment data, political instability in Russia, and Chinese economic woes. Further, auto and metal stocks will be in focus over monthly sales figures. Apart from this, active IPOs and a huge pile of stocks are set to trade ex-dividend which will keep them active as well. Both Sensex and Nifty 50 ended the last week with an upside from 2.5-3%. Sensex ended...