Markets End Week with Losses Amid Global Uncertainties

NEW DELHI: The stock market concluded the week with over 1% losses, influenced by global tariff uncertainties and a disappointing start to the first-quarter earnings season. Despite a stable beginning, selling pressure in the final sessions dragged the BSE Sensex and Nifty50 to near weekly lows.

Key Factors Influencing the Market This Week

1. Q1 Earnings Season in Focus: The corporate earnings season is gaining momentum, with several heavyweight companies set to release their April-June results. Investors are keenly awaiting figures from HCL Tech, Tech Mahindra, Axis Bank, ICICI Bank, Wipro, JSW Steel, L&T Finance, and HDFC Bank for insights into sectoral health and future outlook.

2. Key Inflation Data: Macroeconomic indicators, including WPI and CPI inflation data from India and CPI data from the US, are expected to influence market sentiment and central bank policies.

3. Global Uncertainty: Potential new US tariffs and the possibility of a US-India trade agreement are keeping investors on edge, affecting global market dynamics.

4. Technical Outlook: The Nifty has shown signs of short-term weakness, slipping below its recent swing low and the 21-day EMA, with key support and resistance levels identified by experts.

5. FII-DII Flows: Institutional activity, particularly the net selling by FIIs and net buying by DIIs, will be closely monitored for its impact on market direction.