West Asia Conflict, Fed Rate Decision to Drive Global Market Volatility

Global markets are bracing for significant volatility this week as investors closely monitor several key events. The evolving West Asia conflict, particularly the US-Iran situation and shipping through the Strait of Hormuz, will significantly impact global risk sentiment.

The US Federal Reserve's policy meeting is also a critical event for global markets, with interest rate guidance and inflation commentary being closely watched. Crude oil price movements are another key driver, as recent surges have revived concerns over inflation and economic growth.

Domestic market participants will also be tracking June Industrial Production (IIP) data for local cues. Major Indian companies such as Coal India, Larsen & Toubro, Hindustan Unilever, and Tata Steel are scheduled to report quarterly earnings, influencing market sentiments.