New Delhi: The sentiments in the Stock Market this week would be driven by geopolitical situation in West Asia, Q4 2025-26 results from domestic companies and crude oil prices, analysts said.
Ponmudi R, CEO – Enrich Money, an online trading and wealth tech firm, expected Stock Market to remain volatile and the movement would focus on developments in West Asia, trends in crude oil prices, and global developments. Stock markets would observe a holiday on Friday for Maharashtra Day.
West Asia conflict impacting Stock Market
“Stability or a decline in oil prices could help ease macro concerns and support risk sentiment, while any escalation or prolonged disruption in the Strait of Hormuz may trigger renewed volatility and profit booking,” Ponmudi R said.
The domestic Q4 quarterly results season is expected to act as a key catalyst for stock-specific price action, he added.
US-Iran war’s impact on India
Another market expert, Hariprasad K, opined that the US-Iran war and the tensions regrading the Strait of Hormuz, have introduced a significant event risk premium into global markets as these factors are driving the crude oil prices high.
“For India, this remains the single most critical macro variable, as elevated oil prices not only pressure inflation and the rupee but also weigh on corporate profitability across sectors.” he said.
Notably, market players will keep a close eye on March 2026 Industrial Production (IIP) data that will be released on April 28 and also the US Federal Reserve policy decision on April 29.
US Q1 GDP advance estimate and ISM Manufacturing PMI will also be released.
On the domestic front, Varun Beverages, UltraTech Cement, and Coal India, will announce their Q4 FY26 results on April 28. Bajaj Finance and Adani Power on April 29. Hindustan Unilever, Adani Ports, Adani Enterprises, and Bajaj Finserv will declare their January-March quarter results on April 30.
Last week, the BSE Sensex plummeted 1,829.33 points, and the NSE Nifty declined 455.6 points.
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