US Fed minutes, global trends, and Q1 earnings season, which will kick off today with TCS' results, are likely to guide the market trajectory on Thursday
Domestic benchmark indices eye a weak start to the session, tracking overnight fall in US markets and a lacklustre start for Asian peers
On the global market front, US markets were closed on Monday to mark the Independence Day holiday. Meanwhile, most Asian markets opened a fraction higher
Besides Nomura, other research and broking houses, such as HSBC, Jefferies and Motilal Oswal Securities, have also cautioned against the rich valuation of Indian equities
The benchmark indices Sensex and Nifty shed 0.8 per cent each last week
Bank stocks are likely to be in focus after RBI's Financial Stability Report said the gross non-performing assets ratio of banks may rise to 9.8 per cent by March 2022
Auto stocks will be in focus as firms will release their sales figure for the month of June
More than 900 companies will release their quarterly earnings today, including SpiceJet, Vodafone Idea, Dish TV India, IRCON International, SREI Infrastructure Finance and VIP Clothing
DCM, IRCTC, Ruchi Soya, Sintex Industries and Suzlon Energy are among the companies that will announce their March quarter earnings today
SpiceJet, Hindustan Motors, Suzlon Energy, Rail Vikas Nigam, Ruchi Soya Industries, and Hindustan Aeronautics are among the companies which are going to announce their quarterly earnings this week
Derivative contracts of Coromandel International, Aditya Birla Fashion and Retail, Metropolis Healthcare and The Indian Hotels will be available to traders for trading from today onwards
Shares of Reliance Industries will be in focus, with the company's 44th AGM slated for today
Shares of Reliance Industries will be in focus, with the company's 44th AGM slated for today
Apollo Hospitals Enterprise, HCC, Mcleod Russel India, Mercator and V2 Retail are among 64 companies slated to release quarterly earnings today
NMDC, Aster DM Healthcare, Bharat Electronics, GE Power India, PNB Gilts, Religare Enterprises and Sobha are among 79 companies slated to post their quarterly numbers on Tuesday
Oil India, Info Edge, Bharat Dynamics, TCNS Clothing, and VST Tillers Tractors are among 70 companies slated to post their quarterly numbers today
Asian stocks drifted in early Friday trade. Japan's Topix index slipped 0.2 per cent, Australia's S&P/ASX 200 Index gained 0.4 per cent and Hang Seng Index rose 0.3 per cent
A total of 33 companies, including Power Grid Corporation, Natco Pharma, Jammu & Kashmir Bank, DB Corp, and Khadim India are scheduled to release their quarterly earnings today
While the overall market setup remains strong, some hesitation at high levels is resulting in rangebound trade, said analysts
Jubilant FoodWorks, Power Finance Corporation, LIC Housing Finance, Easy Trip Planners and Whirlpool of India are among 45 companies slated to post their quarterly numbers today