Oil Prices, Geopolitics, and Inflation: Markets to Watch This Week

Crude oil prices and geopolitical tensions in West Asia are expected to dominate market direction this week, according to analysts.

Domestic investors will closely monitor July CPI inflation print, WPI inflation, and foreign exchange reserves data for insights into inflation trends and external sector stability. The Q1 FY27 earnings season will gather momentum with several companies announcing their quarterly results, including HAL, Bharat Forge, Grasim Industries, and Tata Motors.

Globally, market participants will continue to monitor developments surrounding the Strait of Hormuz and movements in crude oil prices. The July US inflation report is also a key global event this week.