The RBI has said it will take into account the budget announcements before deciding on future rate cuts.Global cues will be in focus but closure of the Chinese market for the whole week for the lunar new year will be a great relief for the global markets. Crude oil futures are still volatile as WTI Crude futures closed at $30. The last batch of third quarter results will also have its impact on the market. Among quarterly results of prominent companies scheduled for next week are Dr Reddy's Laboratories, Hindalco Industries, Punjab National Bank, and GAIL (India) on Tuesday; ACC, Cipla and Ambuja Cements on Wednesday and Coal India, State Bank of India, ONGC, Hero MotoCorp, Tata Motors, and Bharat Heavy Electricals on Thursday

Union budget will be presented on February 29 with thirds quarter results and global cues on investors' radarThe market will tune in to Budget expectations from Monday, with just three weeks to go before the Union budget presentation on February 29.. Adani Ports and Special Economic Zone will announce its quarterly numbers on Saturday.89 a barrel on Friday and Brent crude futures closed at $34.”The Chinese stock market will remain closed from February 8 to 15.But the Chinese stock markets remaining closed next week for the lunar new year holiday will be the biggest positive factor for the global market sentiments next week, as it removes a potential source of selling pressure.29 per cent, S&P500 down 1. The finance minister has a tough job of supporting growth while maintaining fiscal rectitude.85 per cent and Nasdaq down 3.Union budget will be presented on February 29 with thirds quarter results and global cues on investors&China granulation screw barrels Manufacturers039; radar BSE.66 per cent and German DAX down 1.06 a barrel.Dipen Shah, senior vice-president & head of private client group research, Kotak Securities, said, “Going ahead, the market focus will shift to the budget.

14 per cent.NMDC, Sun Pharmaceutical Industries, Mahindra & Mahindra and BPCL will announce their Q3 results on Friday. Vijay Singhania, founder-director, Trade Smart Online, a leading discount brokerage firm, said, “The last batch of Q3 # results, Q3 GDP data may dictate the near-term trend.Global cues remain negative for the Asian market on Monday, with the Dow Jones Industrial Average down 1.The European markets too closed in the red with UK’s FTSE 100 down 0.86 per cent; French CAC down 0.” Thirds quarter results and global cues will be also on investors’ radar