New Delhi: Stock market sentiment this week would be largely guided by the ongoing fourth quarter results season, with a host of front-line companies slated to come out with their financial report cards, say analysts. Besides, global crude oil movement, rupee and investment trend by overseas investors would keep influencing trading, they added. “In the near-term investors’ focus will be on Q4 earnings and elections.
For the week ahead, results from key index heavy weights including large corporate banks will set the tone for earnings season. “Continuity in FIIs flows and corporate earnings coming in-line with expectation will keep market afloat,” said an expert. Among other major companies slated to announce their financial numbers this week are Maruti Suzuki India and Hero MotoCorp.