Crude Oil, Middle East Tensions Set to Guide India's Markets this Week

Markets in India are expected to be influenced by several key factors this week, including crude oil prices and geopolitical tensions in West Asia. According to analysts, developments surrounding the Strait of Hormuz will also remain a major focus for market participants.

Ajit Mishra, SVP at Religare Broking Ltd, noted that domestically investors will be monitoring inflation data, including the July CPI inflation print and WPI inflation. He added that foreign exchange reserves data will also provide insights into external sector stability.

The Q1 FY27 earnings season is expected to gain momentum this week, with several companies set to announce their quarterly results, including HAL, Bharat Forge, Grasim Industries, and Tata Motors.