Geopolitics and Oil Prices to Drive Indian Stock Market This Week

New Delhi, India - The upcoming week's stock market activity will be heavily influenced by geopolitical developments and crude oil prices, according to analysts. With the quarterly earnings season now over, investors will monitor foreign institutional flows and trading activity.

Ajit Mishra, SVP of Research at Religare Broking Ltd, noted that 'developments surrounding the Strait of Hormuz and the trajectory of Brent crude will remain critical market drivers in the near term.'

The FOMC minutes, which will be released on August 19, will also be closely watched for signals on the Federal Reserve's policy outlook. Any indication of a more hawkish stance could weigh on emerging-market flows and increase volatility in Indian equities.