US-Iran Conflict, Oil Prices, and Fed Decision Set for Turbulent Week Ahead

The global stock market is bracing for a turbulent week ahead of key events that could significantly impact investor sentiment. Developments surrounding the US-Iran conflict, crude oil prices, and the Federal Reserve's interest rate decision are expected to drive market movement.

Ajit Mishra, SVP at Religare Broking Ltd, notes that 'developments surrounding the US-Iran conflict, shipping activity through the Strait of Hormuz, and movements in crude oil prices will remain key drivers of global risk sentiment.'

The Fed's policy meeting is also a critical event, with interest rate guidance and commentary on inflation expected to shape market expectations. Ponmudi R, CEO at Enrich Money, emphasizes that 'more important than the rate decision itself will be the Federal Reserve's assessment of the inflation outlook, economic growth, and the likely trajectory of monetary policy over the coming quarters.'

On the domestic front, India's June Industrial Production (IIP) data is also being closely watched. Major companies including Coal India, BEL, Larsen & Toubro, Hindustan Unilever, and Tata Steel are set to report their quarterly earnings.