Besides, global factors and trading activity of foreign investors will also drive markets. "We are approaching the first quarter earnings season, with HCL Tech, TCS and Wipro set to report their earnings this week. Furthermore, market partici- pants will react to the inflation and IIP (Index of Industrial Pro- duction) data scheduled for re- lease on July 12. The US macro- economic indicators and the movement of crude oil prices will also be closely monitored," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
