Dalal Street to Watch Bank Earnings, Crude Prices and FII Flows This Week
Indian stock markets are expected to be shaped this week by quarterly results from major lenders such as HDFC Bank, ICICI Bank and Axis Bank. Those reports are drawing investor attention because they show differing profit trends across the banking sector. Traders will also track crude oil price movements, geopolitical developments and the activity of foreign institutional investors. The rupee-dollar exchange rate is another factor being watched to judge whether the recent rally in the market can be sustained.
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