Domestic equities started the week on a cautious note, with the Nifty gaining 13 points to close at 24,583, supported by stock-specific buying amid the ongoing Q1 earnings season. Analysts say market momentum is likely to remain constructive this week, with the final leg of the Q1 earnings season set to drive both stock-specific and broader market action. As earnings announcements taper off, investors are likely to focus on the sustainability of the earnings recovery and emerging sectoral trends. Developments around the US-Iran negotiations, crude oil prices and US inflation data will also remain key drivers of market direction and global risk appetite.
STATE OF THE MARKETS
