Share Market Outlook: These 5 big triggers will shake the market this week including TCS result and crude oil

The Indian Stock Market has been moving towards new record levels with continuous growth for the last few sessions. This week is going to be very important for the investors of Nifty 50 and Sensex, because many big events that decide the direction of the market are going to happen simultaneously. While on the domestic front, Q1 corporate results are coming in, economic data coming from the global market and geopolitical situation will decide the movement of Dalal Street. Beginning of corporate earnings season, TCS results will be closely monitored. The biggest domestic trigger for the stock market this week will be the financial results of the first quarter (Q1 FY27) of IT sector giant Tata Consultancy Services (TCS). The company is going to announce its quarterly results on July 9. Market experts believe that TCS results will not only decide the direction of the IT index, but will also affect the sentiment of the entire market. Investors will especially keep an eye on demand commentary from management, deal wins and future plans for AI. Along with this, the company can also consider interim dividend. The effect of the movement of crude oil and the progress of monsoon will be visible. Fluctuations in crude oil prices have always been a big factor for the Indian markets. Currently, the prices of Brent crude are going through a period of stability, but due to the ongoing diplomatic talks between America and Iran, its direct impact on the oil supply can be seen. If crude oil prices remain within a limited range, it will be a matter of relief for the Indian economy and market. Apart from this, the progress of south-west monsoon and sowing data of Kharif crops across the country will also influence rural demand and inflation estimates, which will give a new direction to the market. The strategy of foreign investors will be decided by Fed minutes and global cues. In view of the Global Market Cues, the minutes of the last policy meeting of the US Federal Reserve (US Fed) are going to be released this week. This will make it clear what stance the US Central Bank is going to take regarding cutting interest rates in the coming time. After the weak US labor market data released recently, investors are hopeful that the Fed’s stance may remain soft. Apart from this, the attitude of foreign institutional investors (FIIs) will also be important, who have been seen returning to buying in the Indian cash market in recent times.