A good start to an action-packed week will at least save you the Monday blues. Asian markets are all smiling with the Nikkei 225 up nearly 3%. The Railway Budget, Economic Survey and Union Budget and F&O expiry will see the bulls and bears have a slug-fest especially later this week.
Besides the Q3 GDP figures later this week, the report of the 13th Finance Commission will also be closely watched. A new FDI policy is expected to be unveiled on March 31, according to a report which adds that the government has begun the process of restricting fresh foreign investment in the tobacco sector.
A lot of economic reports are due from the US this week, including numbers on housing and revision in third quarter GDP. The Federal Reserve Chairman Ben Bernanke will testify on the state of the economy and monetary policy on Wednesday.
