New Delhi, February 8 According to analysts, inflation data, trading activity of foreign investors, and global trends will dictate market sentiment this week.
Furthermore, geopolitical developments and Q3 earnings will also influence market movement during the week.
"This week features several important domestic and global triggers. In India, investors will closely monitor retail inflation data on February 12 and foreign exchange reserves data on February 13 to gain insights into price trends and external sector stability.
"The earnings calendar remains active, with key results expected from Titan Company and Mahindra & Mahindra, which may drive specific stock action. Globally, participants will monitor a heavy US data calendar and the performance of the Nasdaq Composite following its recent decline," said Ajit Mishra, SVP, Research, Religare Broking Ltd.
Mishra also added that geopolitical developments and their impact on commodity markets will be closely watched.
From the Q3 earnings space, Ashok Leyland, ONGC, Bajaj Electricals, and Eicher Motors will also announce their results during the week.
India and the US announced on Saturday that they have reached a framework for an interim trade agreement under which both sides will reduce import duties on a number of goods to boost two-way trade.
While the US will reduce tariffs on Indian goods to 18 per cent from the present 50 per cent, India will eliminate or reduce import duties on all US industrial goods and a wide range of American food and agricultural products, including dried distillers' grains, red sorghum for animal feed, tree nuts, fresh and processed fruit, soybean oil, wine, and spirits.
"With the Union Budget 2026 and the RBI's monetary policy decisions now largely digested, Indian equity markets have entered a consolidation phase, shifting investor focus toward implementation, capital expenditure, and the pace of actual spending.
"Overall sentiment remains cautiously optimistic, with markets expected to remain event-driven in the near term, tracking global cues, capital flows, and geopolitical developments in the Middle East," said Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm.
Last week, the BSE benchmark jumped 2,857.46 points, or 3.53 per cent, and the Nifty surged 868.25 points, or 3.49 per cent.
