Stock Market This Week, US-Iran Tensions, Crude Oil Prices & Q2 Earnings To Drive Sensex, Nifty
New Delhi: Indian equity markets are expected to remain sensitive to geopolitical tensions, crude oil prices and corporate earnings this week, with investors also tracking global economic developments and foreign institutional investor (FII) activity, analysts said. Concerns over a possible renewed conflict between the US and Iran could influence market sentiment, particularly through movements…
Indian equity markets are expected to remain volatile this week due to geopolitical tensions, crude oil prices and corporate earnings, according to analysts. The US-Iran conflict could sway market sentiment through fluctuations in international oil prices. Ajit Mishra, SVP – Research at Religare Broking, suggests investors should focus on September-quarter earnings, economic data and signs of sustained growth, improving demand and stable profit margins.
Sensex opened 49 points higher than the previous week, while Nifty edged closer to the 23,000 mark. IT stocks led the rally with a 1% surge. Banking, automobile, consumer and industrial results will offer insight into credit growth, deposit mobilization and domestic demand conditions. Key stocks to watch include M&M, Bajaj Finserv, ITC, Dabur, Apollo Hospitals, BSE, Cummins India and Hindalco, which will release their quarterly results.
Companies such as Lupin, NSE, SBI, Apollo Tyres, LIC, ONGC and Titan will also announce earnings. Reliance Industries shares will be closely monitored after the company reported a record quarterly profit of ₹29,550 crore, a 33.8% increase year-on-year. Analysts predict that US Treasury yields, a robust dollar and foreign institutional investor (FII) activity will continue to influence market trends this week.
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