Markets to track US-China tariff tensions, inflation data, Q2 earnings this week: Analysts

Stock market investors this week would track the renewed tariff tensions between the US and China, domestic inflation data, besides, quarterly earnings from blue-chips HCL Tech, Infosys and Reliance Industries would also drive the momentum in equities, analysts said.

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Moreover, global market trends and geopolitical developments would also drive investors’ sentiments.

“Markets direction this week will hinge on a mix of domestic cues, global macroeconomic trends, and corporate earnings. The renewed escalation of the US-China tariff war, which sparked a sharp selloff on Wall-Street on Friday, is expected to dampen global risk sentiment. This resurgence in trade tensions could spur dollar outflows, adding further pressure on emerging market equities, ties and currencies,” Ponmudi R, CEO ~ Enrich Money, an online trading and wealth tech firm, said.