16

Learn & Keep

The Economic Times Wealth, September 14-20, 2015

FISCAL DEFICIT OF
INDIAN GOVT

EVENT CALENDAR

WHY IT IS IMPORTANT: Fiscal prudence is

becoming a central theme and therefore,
investors will punish any emerging countries
that not maintaining strict fiscal prudence.

EXPORTIMPORT DATA
WHY IT IS IMPORTANT: Since the
Indian rupee is under pressure now,
any major change in export/import/
trade balance will impact the rupee.

Trade deficit has narrowed

FREQUENCY: Monthly.

14

18
16

FREQUENCY: Monthly.

WHAT CAN
IMPACT
STOCKS
WHY IT IS IMPORTANT: Very important
now because the market is hoping for a
rate cut. Since growth is not picking up as
expected, RBI may cut interest rates on or
before its next meeting.
FREQUENCY: Every 2 months.
NEXT
EVENT
DATE

Sept 29

NEXT
EVENT
DATE

Sept 30

INDUSTRY WISE
DATA
WHY IT IS IMPORTANT: Several industries
like auto, telecom, etc declare their monthly
sales figures or subscriber figures. So it is
easy for investors to gather some hint about
the upcoming quarterly numbers.

NEXT
EVENT
DATE

WHY IT IS IMPORTANT: Most of the daily

price movements are based on global cues
and the entire world is now waiting for the
outcome of the next US Federal Reserve
meeting to see whether it will increase rates
or not. Other central banks to watch out for
are the European Central Bank (ECB) and
Bank of Japan (BoJ).
FREQUENCY: While the US Fed meeting
takes place every 45 days, ECB and BoJ do
monthly meetings.

NEXT
EVENT
DATE

12

NEXT
EVENT
DATE

Sept 14

6
31 Jul 2014

Sept 17

US Fed
meeting

N/A

F&O CLOSING

WHY IT IS IMPORTANT: Industrial

production data comes on a monthly basis
and therefore, investors can catch the trend
change early.
FREQUENCY: Monthly.

NEXT
EVENT
DATE

NEXT
EVENT
DATE

WHY IT IS IMPORTANT: Though there will be short-term

volatility due to short-term sentimental factors, long-term
share price is linked to the earnings of the company.
FREQUENCY: Quarterly. The results season usually starts
8 10 days after the quarter ends and lasts till 45 days
from the quarter end.

Oct 12

30 Jun 2014

GDP NUMBERS
WHY IT IS IMPORTANT: Just like
individual stocks price movement is linked
to the net profit growth of that company,
movement of the stock market as a whole
can be linked to its GDP growth. In a
globalised world, Indian investors should
also be worried about GDP growth of other
countries, especially the US and China.

FREQUENCY: Monthly.

NEXT
EVENT
DATE

NEXT
EVENT
DATE

Sept 14

Nov 30

Indian GDP
data will be
announced

Inflation hasn't been allowed to spiral

GDP growth remains steady

8%

CPI INFLATION

6%

7.39%

9%
8%
7%
6%
5%
4%
3%
2%
1%
0%

4%

3.78%

2%
WPI INFLATION

Oct 8

30 Jun 2015

FREQUENCY: Quarterly. While Indian

GDP data comes after two months, the US
GDP advance estimates come in the last
week of the following month.

-2%
Is when next
quarterly results
season is expected
to start

3.80%

-4%

0%

NEXT
EVENT
DATE

4.30%

4%

-2%
For the August
values

Sept 24

QUARTERLY RESULTS

6%

0%

WHY IT IS IMPORTANT: Since RBI is

focussed more on inflation fighting now,
this is very important. One should
concentrate on CPI inflation because the
RBI relies more on CPI to set interest rates.
US inflation data is also very important
now because it may trigger the rate hike
fears.

FREQUENCY: The F&O settlement happens on

the last Thursday of every month. If the last
Thursday happens to be a market holiday, the
settlement happens on the previous trading day.

Industrial production has fallen

2%

INFLATION NUMBERS
(WPI/CPI)

WHY IT IS IMPORTANT: Since the volumes in

futures and options market contribute more than
90% of the total volume, price discovery is
happening here.

31 Jul 2015

INDUSTRIAL PRODUCTION

FREQUENCY: Monthly

OTHER CENTRAL
BANK MEETINGS

$ 12.81 bln

10

Investors must keep a close watch on

events that have a bearing on the stock
market. Narendra Nathan provides a
calender to help you keep track.

RBI MEETING

$ 14.28 bln

5.41%

-4%

-4.05%

-6%
31 Jul 2014

31 Jul 2015

30 Jun 2012

30 Jun 2015