India, US GDP, Reliance AGM Among Key Street Triggers This Week: Mark Dates

Published 27-08-2023, 11:53 pm

By Malvika Gurung

Investing.com -- The Indian market ended the previous week on a lower note for the fifth time in a row. Headline indices Nifty 50 and Sensex dropped 0.23% and 0.1%, respectively subdued global cues and weakness in domestic equities.

Investors on Dalal Street will remain laser-focused on the much-awaited 46th annual general meeting (AGM) of the country’s most valued company by market capitalization Reliance Industries Ltd (NS:RELI) on Monday.

Read Also: RIL’s 46th AGM on Monday: Here’s What to Expect

They will also look forward to India and the US GDP data as well as PMI data in the UK as well as China.

A non-exhaustive list of all the major economic data set to be released this week is listed below.

August 28

  • Japan Unemployment Rate (Jul): Investing.com forecast at 2.5%
  • UK market will remain closed on account of Bank Holiday

August 29

August 30

  • US GDP (QoQ) (Apr-Jun): Investing.com forecast at 2.4%
  • US ADP Nonfarm Employment Change (Aug): forecast at 195,000
  • China Manufacturing PMI (Aug): forecast at 49.5
  • China Non-Manufacturing PMI (Aug)
  • US Crude Oil Inventories: forecast at -2.921 million
  • US Pending Home Sales (July): forecast at -0.1%
  • Japan Industrial Production (July): forecast at -1.4%

August 31

September 1

  • India FX Reserves, USD
  • India Nikkei S&P Global Manufacturing PMI (Aug)
  • US Unemployment Rate (Aug): Investing.com forecast at 3.5%
  • US Nonfarm Payrolls (Aug): forecast at 170,000
  • UK Manufacturing PMI (Aug): forecast at 42.5
  • US ISM Manufacturing PMI (Aug): forecast at 46.6

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