TCS Set to Start Q4 Earnings Season, US to Release Inflation Data Next Week

The stock markets are gearing up for another eventful week as investors brace themselves for a flurry of economic data releases and corporate earnings announcements. Last week saw major volatility in the markets, but ended on a positive note with the S&P BSE Sensex and NSE Nifty50 closing in the green.

The Reserve Bank of India (RBI) announced its first monetary policy of the fiscal year, maintaining key rates unchanged. Meanwhile, the BoB Essential Commodity Index recorded robust growth in March, signaling positive momentum in the economy.

Looking ahead, the global markets will be closely watching the United States’ inflation rate announcement and speeches from Federal Reserve officials. The European Central Bank is also set to reveal its interest rate decision.

On the domestic front, India will kick off its earnings season with Tata Consultancy Services (TCS) unveiling its Q4FY24 results. Additionally, important macroeconomic data such as the consumer price index (CPI) and index of industrial production (IIP) will be released.

In the IPO market, DCG Cables and Wires, Teerth Gopicon, and Greenhitech Ventures will be accepting bids for subscription, while Bharti Hexacom is set to make its debut listing.

Stay tuned to ABP Live’s Business LIVE blog for all the latest updates and breaking news from the stock market, economy, and corporate world. It’s going to be an action-packed week for investors and traders alike.