Indian stock markets face a decisive week as Q3 corporate earnings, the US Federal Reserve’s interest rate decision, and the upcoming Union Budget 2026–27 converge to steer investor sentiment. Analysts expect heightened volatility, with foreign investor activity, rupee-dollar trends, and global cues adding further weight to market direction.
Dalal Street is gearing up for an eventful week, with multiple domestic and global triggers set to influence trading. The spotlight will be on quarterly earnings from key corporates, the US Fed’s policy stance on interest rates, and Finance Minister Nirmala Sitharaman’s Union Budget presentation on February 1, 2026.
Equity markets remained closed on Republic Day (January 26) but will resume trading with expectations of volatility. The NSE and BSE will conduct live trading on Budget Day, underscoring its importance for investors. Analysts highlight that foreign portfolio investor (FPI) flows, rupee dollar movements, and global trade developments will also play a crucial role in shaping sentiment.
Key Highlights
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Q3 Earnings: Results from heavyweights like Axis Bank, L&T, Maruti Suzuki, ITC, NTPC to set tone.
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US Fed Decision: Global investors await clarity on rate trajectory amid inflation concerns.
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Union Budget 2026–27: Growth-focused measures and fiscal indicators under close watch.
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Market Closure: No trading on January 26 (Republic Day).
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Budget Day Trading: February 1, 2026 – live trading on NSE & BSE during Budget presentation.
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Other Triggers: Industrial production data, forex reserves, and FPI activity.
Sources: The Economic Times, The Hans India, Business Standard