Q1 earnings, macro data to drive markets this week: Analysts

Quarterly earnings from frontline companies such as RIL, Wipro and HDFC Bank and macroeconomic data would be the major triggers for the domestic equity markets this week, say analysts.

Investors will also monitor trade-related developments, as well movement in the rupee and crude oil prices, they added.

"Trade disputes, muted expectation from quarterly results and premium valuation
While the cues will be taken from global markets, specifically where do we go from here as the trade tensions rise with India putting tariffs on US products. This can now be a
process of months that would take to be sorted out and markets may not be taking
Romesh Tiwari, Head of Research, CapitalAim, said, "Coming week, in India there would be a data of WPI inflation on Monday. On the international front, Fed Chair Jerome Powell speaks on Tuesday."