📉 Recap of Last Week
The Nifty 50 fell ~1–1.2%, breaking below its 20‑day EMA, led by weakness in IT, auto, and metal sectors ().
IT stocks were hit hard after TCS reported underwhelming Q1 revenue, dragging peers like Infosys and Wipro lower ().
FMCG stocks—like HUL—performed well, capturing a defensive pivot amid broader volatility ().
🗝️ Key Drivers for This Week
Q1 Corporate Earnings
The major focus will be on Q1 results from HCL Tech, Tech Mahindra, Axis Bank, ICICI Bank, Wipro, JSW Steel, HDFC Bank, and more ().
Strong beats in financials, infrastructure, or FMCG could offset further disappointments in IT. Inflation Data (July 14) June CPI and WPI readings will influence RBI expectations and consumer demand outlook ().
US‑India Trade Talks & Global Tariff Developments Investors are watching for signs of thawing trade tensions—any positive shift may support risk sentiment ().
FII / DII Flows Foreign institutional investor (FII) outflows have pressured markets; a reversal could provide relief ().
Technical Underpinnings Nifty support lies in the 24,900–25,000 range; resistance around 25,300–25,550 ().
Bearish momentum on RSI/MACD persists, but birthing of a bounce can’t be ruled out if support holds.
🚦 Summary
Expect heightened volatility driven by earnings and economic data release:
Tech/IT may continue to lag unless upbeat surprises emerge. Financials, infra, FMCG could become outperformers if Q1 surprises on the upside. Eyes on inflation data—if CPI/WPI moderates, that might ease market fears. Trade deal progress and FII flow trends could reclaim bullish bias.
This is general information only and not financial advice. For personal guidance, please talk to a licensed professional.
#StockMarketIndia #IndianMarkets #Nifty50 #Sensex #MarketOutlook #WeeklyMarketUpdate #StockMarketNews #Q1Earnings #InflationData #FIIFLOWS #DIIActivity #ITStocks #BankingStocks #TradeTalks #MarketVolatility #FinanceNews #InvestSmart #EconomicUpdate #GlobalMarkets #MarketTrends
