New Delhi, July 5: Trading sentiment in the stock market this week will depend on crude oil prices, global trends and the start of corporate earnings season with IT bellwether TCS reporting its June-quarter financial results on July 9, analysts said.
Besides, the advancement of the southwest monsoon and trading activity of foreign investors would also influence market trading, they added.
“Investors will closely monitor the quarterly results of TCS on July 9, with particular focus on management commentary regarding demand trends, discretionary spending, and AI-led business opportunities,” Ajit Mishra, SVP, Research, Religare Broking Ltd, said.
Last week, the BSE benchmark Sensex climbed 663.44 points, or 0.86 per cent, and the NSE Nifty increased by 214.85 points, or 0.89 per cent. (PTI)
