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Earnings, macro data, RBI rate decision to drive markets this week

On the earnings front, big names like ITC, M&M, Dabur, Titan and Interglobe Aviation, along with several others, will declare quarterly results this week

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(Photo: Bloomberg)

Press Trust of India New Delhi
Announcement of macroeconomic data, quarterly earnings, RBI interest rate decision and foreign funds movement are the major factors that will guide the trading activity in the equity market this week, analysts said.
 
Other factors that would influence trading are global market trends, movement of the rupee and crude oil, they added.
 
"This week marks the beginning of the new month also so participants will be eyeing crucial data viz. auto sales and PMI numbers for cues. The highlight would be the MPC (Monetary Policy Committee) meet after the recent Fed policy and its outcome is scheduled for August 5," said

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)