Global cues, TCS earnings major drivers for markets this week: Analysts

Trading sentiment in the equity markets this week will be guided by global cues, COVID-19 trends and quarterly earnings by market heavyweight TCS, analysts said.

Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.

“Participants will be eyeing key macro indicators like IIP data. Besides, the progress of monsoon and developments on COVID front will also be in focus.

“On the earnings front, IT major TCS, will announce its results on July 9,” said Ajit Mishra, VP Research, Religare Broking.

Industrial production data is scheduled to be announced post-market hours on Friday.