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- Dalal Street Watch: Q1 Earnings, WPI Inflation, Powell Speech, ECB Decision, China GDP Key Factors Next Week
New Delhi1 hour ago
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The stock market may see a rise next week. The market will keep an eye on the first quarter (Q1FY25) results of companies, India’s wholesale inflation data, domestic economic data, global economic data, FII-DII flow and upcoming IPOs.
Here we are telling you about such factors which will decide the market movement this week…
1. First quarter results of companies
Companies have started releasing financial results for April-June i.e. the first quarter (Q1FY25). More than 190 companies will release their quarterly results in the coming week. The major companies whose results will be watched include Reliance Industries, Infosys, HDFC Bank, HDFC Life Insurance, Bajaj Auto, Asian Paints, LTI Mindtree, JSW Steel, UltraTech Cement, Wipro, Kotak Mahindra Bank and Bharat Petroleum Corporation.
Apart from this, Jio Financial Services, HDFC Asset Management, Angel One, Bank of Maharashtra, SpiceJet, Aditya Birla Money, L&T Finance, Havells India, L&T Technology Services, Persistent Systems, Polycab India, Tata Technologies, ICICI Lombard General Insurance, One 97 Communications (Paytm), PVR Inox, Union Bank of India, Poonawala Fincorp, RBL Bank and Yes Bank will also release their quarterly results.
2. Wholesale inflation, domestic economic data
Market participants will focus on the June wholesale inflation data to be released on July 15. Economist
It is estimated that wholesale inflation will grow as compared to the month of May. The data on foreign exchange reserves for the week ending on 12 July will be released on 19 July.
3. ECB Policy Meeting, Fed Chairman Powell Key Speech
Investors will keep an eye on the European Central Bank’s policy meeting on July 18. It is expected that the central bank will not change interest rates and may give a signal about the timing of the next interest rate cut.
Apart from this, the market will also keep an eye on the speech of Federal Reserve Chairman Jerome Powell, as traders see a 94% probability of a rate cut in September. Especially when the Fed has acknowledged the progress in controlling the slowdown and inflation in the labor market.

Federal Reserve Chairman Jerome Powell
4. Global economic data
Investors will also keep an eye on June’s retail sales, jobs data in the US and inflation data from Europe, Japan and the UK. June quarter GDP data and the major political gathering (third plenary meeting of the Communist Party of China) to be held in China during July 15-18 will also be closely watched. Because during this time the focus can be on the metal sector. Generally, China focuses more on long-term political and economic reforms in such political gatherings.
5. FII-DII flow
In the past week too, Foreign Institutional Investors (FIIs) have made huge purchases in the Indian market. This is the reason why the market will keep an eye on whether FIIs will continue their purchases in Indian equities in the coming weeks or not.
FIIs bought equity shares worth Rs 3,844 crore in the cash segment last week, while Domestic Institutional Investors (DIIs) outpaced FIIs and bought shares worth Rs 5,391 crore during the week.
6. Initial Public Offering (IPO)
4 new Initial Public Offerings (IPOs) are opening in the week starting from 15th July. Out of these, 3 are from SME segment and 1 is from Mainboard segment. In the Mainboard segment, Sunstar Limited’s IPO will open on 19th July.
In the SME segment, the IPO of Tonwall E-Motors will open on July 15. Apart from this, the IPO of Macobs Technologies and Kataria Industries will open on July 16. In the new week, Sahaj Solar will be listed on July 19.
The Sensex gained 0.65% last week
In the last trading week, the Sensex rose by 0.65%. Nifty also rose by 0.73%. On the last trading day of the week, Friday, July 12, the stock market saw a decline.
The Sensex rose 996 points to reach a record high of 80,893. The Nifty also made an all-time high of 24,592. However, later the market came down slightly from the record high and the Sensex rose 622 points to close at 80,519 and the Nifty rose 186 points to close at 24,502.


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