Sector-specific actions to dominate mkts

Indian equity benchmarks are likely to begin the week on a stronger footing, supported by improving macro sentiment after the announcement of the much-anticipated India-US trade agreement.

- Motilal Oswal Wealth Management

The development comes close on the heels of the recently concluded India—EU Free Trade Agreement, together easing trade-related uncertainties and lifting overall risk appetite. While intermittent volatility cannot be ruled out amid key global data releases and commentary from US Federal Reserve officials, the near-term outlook for domestic markets has turned more constructive, aided by improving equity, currency and capital flow dynamics.As the Q3 earnings season draws closer to its end, stock-specific action is expected to dominate market moves, with results awaited from companies including BSE, SBI and Grasim. Investors will also track important US macroeconomic indicators, remarks from Federal Reserve Governor Christopher Waller