Inflation data, quarterly earnings to drive stock markets this week
Analysts predict that global trends, quarterly earnings, and forthcoming inflation data will be the primary factors steering stock market movement this week. On the domestic front, the market will closely monitor India’s Consumer Price Index (CPI) and Wholesale Price Index (WPI) inflation figures, which are expected to offer critical insights into the nation's inflation trajectory and future policy outlook. Trading activity by foreign investors will also significantly influence equity market trends.
Stock markets this week will be largely driven by three major factors: the release of key inflation data, the ongoing quarterly earnings season, and overarching global trends.
The trading activity of foreign investors is also expected to significantly influence equity market performance.
This week is considered crucial due to the number of major macroeconomic data releases scheduled. On the domestic front, market focus will center on India’s CPI inflation and WPI inflation data. These figures are anticipated to provide important insights into the current inflation trajectory and give an indication of the future policy outlook.
