Commodities
Dalal Street to Stay Bullish Amid US-Iran Tensions, Earnings Season
The Indian stock market is expected to maintain its positive bias amid consolidation next week, with focus on key economic indicators and corporate earnings.
According to experts, the market will be closely watching the US-Iran peace deal developments and their impact on crude oil prices. Brent crude futures recovered sharply from the week's low before closing 4.98 percent lower for the week at $83.55 a barrel.
The RBI's decision to maintain its policy stance has reinforced confidence in the market, while the ongoing Q1FY27 earnings season has further strengthened investor confidence with results broadly exceeding expectations.