September-quarter earnings, the US Federal Reserve's interest rate decision, crude oil prices and developments in West Asia will be among the key factors influencing stock market movements this week.
Investors will also track the debut of Jio Platforms on the exchanges on Wednesday, foreign investor activity, the rupee's movement and global economic indicators for cues on market direction.
1) Crude oil prices: Crude oil prices will remain in focus as tensions in West Asia continue to raise concerns over energy supplies and India's import bill. Brent crude rose to around USD 114 per barrel on Friday.
Higher oil prices could add to inflationary pressures, weigh on corporate profit margins and put pressure on the rupee.
"Crude oil remains a central concern. Prices at elevated levels amid escalating geopolitical tensions threaten to push up India's energy import bill, complicate the inflation outlook and add pressure on the rupee and corporate margins," Ponmudi R, CEO of online trading and wealth technology firm Enrich Money, said.