INDIA STOCK OUTLOOK: FOCUS ON Q2 EARNINGS AND FPI ACTIVITIES

As Indian stock markets navigate range-bound consolidation, investors remain attentive to Q2 earnings reports, foreign fund outflows, and key economic indicators

- TBG NETWORK

As the Indian benchmarks experienced range-bound consolidation in the last trading week, markets are expected to remain sensitive to foreign fund outflows and a subdued earnings season, say the market experts.

The investors will be looking at the US markets amid the tightly contested fight between the presidential candidates, Kamala Harris and Donald Trump, in the upcoming US elections, scheduled for November and the Federal Reserve's policy meeting on November 8.

"On the domestic front, earnings reports from key companies, including Dr. Reddy's, Titan, Tata Steel, M&M, Tata Motors, and Asian Paints, will be in focus. Additionally, the release of key economic indicators, such as the HSBC Manufacturing PMI, Composite PMI, and Services PMI, will provide insight into the country's economic momentum," said Ajit Mishra, SVP, Research, Religare Broking Ltd.