Reason for next week Big boom
Insight form a veteran Investor..credit goes to him
Some positives and negatives expected for this month.
1.Expo delisting payouts app.60B+ starting from 10th (If no hold up from Court)
2.Dividends announced and payouts app 39B mostly expected in June/July.
3. IMF board meeting on 12th hopefully 3rd tranche get approved.
4.Bilateral and Paris Club Members Creditor MOU signing is imminent.
5.Private Creditors Agreement in advanced stage.
6.Rights Issues announced but for bigger ones no dates announced yet.
7.March quarter earnings by Listed companies in total have made profits of 125B for the quarter which is 39% gain YoY and 35% decline QoQ.
8.AWPLR is keep coming down,now at 9.36%.
9. Expected Electricity tariffs to come down drastically.
10.Oil,Copper and some commodities prices are coming down.
11.Rupee is stable
12.Election mode to start soon.