Quarterly earnings from frontline companies such as RIL, Wipro and HDFC Bank and macroeconomic data would be the major triggers for the domestic equity markets this week, say analysts.
Investors will also monitor trade-related developments, as well movement in the rupee and crude oil prices, they added.
“Trade disputes, muted expectation from quarterly results and premium valuation will lead to under-performance in the near term. For the week ahead, market will start to react on the actual performance of Q1 FY20 result which seems subdued,” said Vinod Nair, Head of Research, Geojit Financial Services.
Infosys counter may see some movement on Monday after the IT major came out with its June quarter results post market hours on Friday.