
The coming week is packed with significant corporate, economic, and global events that investors and market watchers should keep an eye on. In the Indian market, Jio Financial will trade ex-dividend, while the last day to buy shares of ICICI Bank, RITES, and Grasim to be eligible for dividends is approaching. On August 12, Nazara Technologies’ board will consider a stock split or bonus issue, and the RCF board will review fundraising plans.
On the same day, ICICI Bank, RITES, and Grasim will trade ex-dividend. It will also be the final day to buy shares of Godrej Consumer, Brigade Enterprises, CONCOR, Sun TV Network, Interglobe Aviation, Railtel, NBCC, and Pidilite for dividend eligibility.
August 13 will see Godrej Consumer, Brigade Enterprises, CONCOR, Sun TV Network, Interglobe Aviation, Railtel, NBCC, and Pidilite trading ex-dividend. It will also be the last day to purchase shares of Bandhan Bank, Gland Pharma, HPCL, Mahanagar Gas, NCC, NMDC, and REC to qualify for dividends. On August 14, these companies will trade ex-dividend.
In global earnings, Foxconn Industrial will announce results on August 9, followed by Wilmar on August 12, and Tencent on August 13. Several Annual General Meetings are scheduled, including Divi’s Labs, IPCA Labs, Fortis Healthcare, Bajaj Consumer, Britannia, and Lupin on August 11, while August 12 will see meetings for Berger Paint, VA Tech Wabag, Zydus Lifesciences, Avenue Supermarts, HCC, SPARC, Bata India, JM Financial, and KPIT Tech.
On August 13, other notable companies like Godrej Industries, The Ramco Cements, Abbott India, Metropolis Healthcare, TVS Supply Chain, and City Union Bank will be in focus. Aegis Logistics, Manappuram Finance, Amara Raja, Deepak Nitrite, AB Capital, and Ashok Leyland will take the spotlight on August 14.
In terms of corporate actions, Fed Vice Chair Michelle Bowman is set to speak on August 9. On August 12, the OPEC monthly oil market report will be released, and a preliminary trade truce between the US and China is set to expire but may be extended. Richmond Fed President Thomas Barkin will also speak on that day.
On August 13, Atlanta Fed President Raphael Bostic and Chicago Fed President Austan Goolsbee will speak, and the International Energy Agency will release its monthly oil market report. August 14 will feature remarks from Richmond Fed President Thomas Barkin once again.
Looking at India-specific macroeconomic data, August 11 will bring monthly AMFI and SIP data. CPI figures will be released on August 12, while August 13 will see trade data announcements. On August 14, the weekly Nifty expiry and WPI data will be out. Markets will remain closed on August 15 in observance of Independence Day, with forex reserves data also being released.
Globally, the US will release CPI data on August 12, followed by PPI and initial jobless claims on August 14. August 15 will bring US retail sales, University of Michigan consumer sentiment, and industrial production data. In the UK, August 12 will feature employment data, and August 14 will see the release of industrial production and GDP figures. For the Eurozone, GDP and industrial production data will also be published on August 14.
China will release PPI and CPI on August 9 and retail sales along with industrial production on August 15. Japan’s market will remain closed on August 11, with PPI data on August 13 and industrial production plus GDP figures on August 15.
On the corporate front, Lodha Developers’ board will consider fundraising on August 11, adding another key development for the week.
Overall, the week ahead promises a mix of critical earnings reports, macroeconomic data releases, dividend-related movements, and important central bank speeches, both domestically and globally, which could shape market sentiment in the days to come.