<p>Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. </p>.<p>Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.</p>.<p>"Participants will be eyeing key macro indicators like IIP data. Besides, the progress of monsoon and developments on Covid-19 front will also be in focus.</p>.<p>"On the earnings front, IT major TCS, will announce its results on July 9," said Ajit Mishra, VP Research, Religare Broking.</p>.<p>Industrial production data is scheduled to be announced post-market hours on Friday.</p>.<p>"Q1 result season would kick start from this week with TCS reporting on 9th July, which would be keenly tracked," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.</p>.<p>Domestic equity indices advanced for the third straight day to close near four-month highs on Friday. During the last week, the BSE Sensex rallied 850.15 points or 2.41 percent.</p>.<p>"Indian equity markets ended with strong gains last week on the back of better-than-expected economic data across countries and reports of a potential Covid-19 vaccine.</p>.<p>"However, concerns over rising coronavirus cases and chances of a second round of lockdown along with trade tensions between US-China continue to linger," Khemka added.</p>.<p><a href="https://www.deccanherald.com/business/business-news/top-10-firms-add-137-lakh-crore-in-market-cap-tcs-ril-major-gainers-857252.html#:~:text=The%2010%20most%20valued%20Indian,850.15%20points%20or%202.41%20percent." target="_blank"><strong>Read More: Top-10 firms add 1.37 lakh crore in market cap; TCS, RIL major gainers</strong></a></p>.<p>With 22,771 people testing positive for coronavirus in a single day, the highest so far, India's Covid-19 tally climbed to 6,48,315 on Saturday, while the death toll rose to 18,655 with 442 new fatalities, according to the Union Health Ministry data. </p>.<p>"It is expected that a definitive movement in markets may be visible once India Inc unveils its Q1 FY21 earnings performance with its first-hand analysis of ground-level reality," said Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote.</p>.<p>According to Sanjeev Zarbade, VP PCG Research, Kotak Securities, "Risks to the markets emanate from further spiraling of infections and flare-up on Indo-China border." </p>
<p>Trading sentiment in the equity markets this week will be guided by global cues, Covid-19 trends and quarterly earnings by market heavyweight TCS, analysts said. </p>.<p>Investors will also monitor movement of rupee and crude oil as well as progress of monsoon, they added.</p>.<p>"Participants will be eyeing key macro indicators like IIP data. Besides, the progress of monsoon and developments on Covid-19 front will also be in focus.</p>.<p>"On the earnings front, IT major TCS, will announce its results on July 9," said Ajit Mishra, VP Research, Religare Broking.</p>.<p>Industrial production data is scheduled to be announced post-market hours on Friday.</p>.<p>"Q1 result season would kick start from this week with TCS reporting on 9th July, which would be keenly tracked," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.</p>.<p>Domestic equity indices advanced for the third straight day to close near four-month highs on Friday. During the last week, the BSE Sensex rallied 850.15 points or 2.41 percent.</p>.<p>"Indian equity markets ended with strong gains last week on the back of better-than-expected economic data across countries and reports of a potential Covid-19 vaccine.</p>.<p>"However, concerns over rising coronavirus cases and chances of a second round of lockdown along with trade tensions between US-China continue to linger," Khemka added.</p>.<p><a href="https://www.deccanherald.com/business/business-news/top-10-firms-add-137-lakh-crore-in-market-cap-tcs-ril-major-gainers-857252.html#:~:text=The%2010%20most%20valued%20Indian,850.15%20points%20or%202.41%20percent." target="_blank"><strong>Read More: Top-10 firms add 1.37 lakh crore in market cap; TCS, RIL major gainers</strong></a></p>.<p>With 22,771 people testing positive for coronavirus in a single day, the highest so far, India's Covid-19 tally climbed to 6,48,315 on Saturday, while the death toll rose to 18,655 with 442 new fatalities, according to the Union Health Ministry data. </p>.<p>"It is expected that a definitive movement in markets may be visible once India Inc unveils its Q1 FY21 earnings performance with its first-hand analysis of ground-level reality," said Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote.</p>.<p>According to Sanjeev Zarbade, VP PCG Research, Kotak Securities, "Risks to the markets emanate from further spiraling of infections and flare-up on Indo-China border." </p>