Mumbai, April 26: The upcoming week is set to be crucial for the Indian stock market. Key factors such as the U.S. Federal Reserve meeting, fourth-quarter results, Iran-U.S. peace talks, crude oil prices, and domestic economic data will shape market movements.
The U.S. Federal Reserve is scheduled to meet on April 28-29, a significant event as crude oil prices remain above $100 per barrel due to the ongoing Iran-U.S. conflict.
Additionally, updates on the peace negotiations between Iran and the U.S. will also impact the market. Currently, these talks have been postponed, and investors will be closely watching the fluctuations in crude oil prices, which remain elevated amid global instability.
The earnings season is expected to keep domestic markets active next week. Companies such as AU Small Finance Bank, Bajaj Housing Finance, Coal India, Punjab and Sind Bank, SBI Cards, AWL Agribusiness, Eternal, Maruti Suzuki, Adani Power, ACC, Adani Enterprises, and Godrej Agrovet will release their fourth-quarter results for fiscal year 2026.
Moreover, the government will release industrial and manufacturing production figures on April 28, which will be of keen interest to investors.
Last week was marked by volatility in the Indian stock market. The Sensex fell by 1,829.33 points or 2.33%, closing at 76,664.21, while the Nifty dropped by 455.60 points or 1.87%, ending at 23,897.95.
IT stocks led the decline, with Nifty IT witnessing a substantial drop of 10.31%. Other sectors also faced losses, including Nifty Auto at 2.96%, Nifty Services at 2.54%, Nifty Consumer Durables at 2.49%, Nifty Private Bank at 1.37%, Nifty Realty at 1.13%, and Nifty Metal at 1.04%.
Conversely, Nifty Energy rose by 2.63%, Nifty FMCG by 2.23%, Nifty Media by 1.56%, and Nifty Healthcare by 0.53%.
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