Trading activity in the stock market this week will depend on the developments surrounding the Strait of Hormuz, the USIran standoff and crude oil, analysts said.
With the quarterly earnings season now over, investors would also monitor the trading activity of foreign investors, experts added.
“Developments surrounding the Strait of Hormuz and the trajectory of Brent crude will remain critical market drivers in the near term. With the earnings season behind us, the coming week will be relatively data-light, with investors likely to focus on global monetary policy expectations, crude oil prices and geopolitical developments,” Ajit Mishra SVP, Research, Religare Broking Ltd, said.
Globally, the FOMC (Federal Open Market Committee) minutes will be closely watched for signals on the Federal Reserve’s policy outlook. Any indication of a more hawkish stance could weigh on emerging-market flows and increase volatility in Indian equities, he added.
“Investor attention in the coming week i
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