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Market outlook: Delhi polls' outcome, Q3 earnings, inflation data set to drive D-Street action

The Statesman

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February 10, 2025

January inflation is projected to drop to 4.69 percentfrom5.22 per centin the previous month, which could influence RBI's next policy decision

Market outlook: Delhi polls' outcome, Q3 earnings, inflation data set to drive D-Street action

The market outlook for the next week of February will be guided by key factors like Delhi polls outcome, inflation data and Q3 earnings.

The announcement of the Delhi Assembly election results was another significant event as the Bharatiya Janata Party (BJP) secured a strong victory in the Assembly elections, winning 48 out of 70 seats.

Analysts believe this win could contribute to positive investor sentiment.

Macroeconomic data will be another major focus for investors. Inflation and industrial output data will be released on 12 February.

January inflation is projected to drop to 4.69 per cent from 5.22 per cent in the previous month, which could influence RBI's next policy decision.

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