Markets to watch Q1 results India-US trade talks

The equity markets are likely to remain volatile in the week ahead as investors get ready for a full calendar of first-quarter earnings, ongoing India-US trade talks, and key domestic macroeconomic data, according to market experts.From an expert perspective, investor sentiment remains cautious as uncertainty persists over global tariff policies and the outcome of India's ongoing trade negotiations with the United States. Traders are also eyeing inflation figures, including Consumer Price Index (CPI) and Wholesale Price Index (WPI) data, due on July 14, for cues on the domestic economic trajectory.
Markets witnessed pressure in the previous week, with both benchmark indices ending in the red. The BSE Sensex dropped 932.42 points or 1.11%, while the NSE Nifty fell 311.15 points or 1.22%, weighed down by profit-booking and global headwinds.
According to Ajit Mishra, Senior Vice President – Research at Religare Broking Ltd, “Looking ahead, the earnings season will be in full focus. A packed calendar includes results from HCL Tech, Tech Mahindra, Axis Bank, Wipro, JSW Steel, among others. On the macroeconomic front, participants will closely track the WPI and CPI inflation data scheduled for July 14 for further cues on the economy.”Mishra also noted that the overall market tone remained steady during the early sessions last week, but profit-taking in the latter part dragged indices lower. He added that foreign institutional investor (FII) flows and movement in crude oil prices will remain closely watched in the near term.From a broader expert perspective, global economic indicators  including US inflation data and China’s GDP figures  will influence investor behavior. The uncertainty around trade negotiations and renewed tariff tensions globally, especially after the latest rhetoric from the US administration, are expected to keep market participants on edge.

(Business Correspondent)