Macro data, quarterly earnings to guide equity market this week: Analysts

IT companies Infosys, TCS, Wipro, HCL Tech and Mindtree would announce their numbers.

A host of macreconomic data announcements lined up during the week along with quarterly earnings from IT majors, including Infosys and TCS, are likely to dictate trends in the equity market, which kicked off the year 2022 on a strong footing, said analysts.

Meanwhile, market participants would keep a close watch on various developments and news around the rising Covid cases both at the global and domestic front, they added.

"IT majors like Infosys, TCS, Wipro, HCL Tech and Mindtree would announce their numbers. Besides, banking heavyweight HDFC Bank result is also scheduled. On the macroeconomic front, participants will be eyeing IIP,