Overview

• The Nifty 50 and Sensex each dropped over 1% last week, closing at 25,149.85 and 82,500.47 as benchmarks tested the 24,900–25,100 support zone.
• Renewed US tariff threats from President Trump rekindled global trade concerns and unsettled investor sentiment.
• A weak start to the Q1 earnings cycle after Tata Consultancy Services reported below-par results has heightened scrutiny on upcoming releases from HCL Tech, Tech Mahindra, Axis Bank, ICICI Bank, Wipro, JSW Steel, L&T Finance and HDFC Bank.
• Foreign Institutional Investors were net sellers of ₹5,155.68 crore while Domestic Institutional Investors bought ₹3,482.95 crore, underscoring domestic support amid cautious foreign flows.
• Indian WPI and CPI inflation data due on July 14 and US CPI figures on July 15 will influence RBI policy views and market direction.