Announcement Icon Announcement: Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec et quam blandit odio sodales pharetra.

Weekly Update Market Trigger

What Will Drive Indian Markets Next Week? Trade Deal, Inflation & Earnings

Indian equities ended the week higher amid budget volatility and optimism around the Indo-US trade deal. With CPI inflation, Q3 earnings, IPOs and global macro cues ahead, markets enter a data-heavy week that could set the near-term trend.

3 min read   |   09-Feb-2026   |   Last Updated: 09 Feb 2026
Author Image

Written by: SERNET Research Team

Blog Image
Table of Content

Weekly Trigger ( Feb09-Feb13 ) and its Impact

 

         Trigger for the Week           How will it impact? 
   
  • Nifty +1.47% up, Sensex +1.59% higher, for the week ending 06-Feb 
  • It was a see-saw week with the budget fall and the rally after the Indo-US trade deal; now for the deal details 

 
  • Mid-cap index +1.83% higher; small cap index +0.35% up this week 
  • Investors continued to do alpha hunting in mid-caps, but were cautious on small caps; a trend likely to continue 

 
  • Key Large Cap Q3FY26 results to be announced during the week 
  • SBI, Titan, Eicher, Britannia, Grasim, Apollo Hospitals, M&M, Divi’s Labs, HUL, ONGC, HAL, Hindalco, Coal India 

 
  • Key Mid Cap Q3FY26 results to be announced during the week 
  • Naukri, Torrent Pharma, IPCA Labs, Muthoot, Lenskart, ALL, Escorts, Jubilant Food, Glaxo, Zydus Life, Linde India 

 
  • Major corporate action record dates scheduled for coming week 
  • Power Grid, BDL, NHPC, Emami, Apollo Tyres, Cummins, Page, Sun TV, NMDC, MRF, GDL, Dynamatic, RITES 

 
  • Markets will await the finer details of the Indo-US trade deal this week 
  • Markets are keen to know, what India gets in return for the $500 billion import commitment given to the US 

 
  • Rupee strength and volatility in gold and silver will be closely watched 
  • Rupee hardened from ₹92/$ to ₹90.5/$ on the back of Indo-US trade, but finer details will decide rupee course 

 
  • India to announce CPI inflation for January on Thursday next week 
  • CPI inflation was 1.33% in December, but as per RBI policy estimates, gold and silver could drive CPI higher 

 
  • US consumer inflation and January unemployment expected next week 
  • While unemployment is likely to stay flat at 4.4%, the consumer inflation may rise slightly from 2.7% levels 

 
  • FADA will release the Jan-26 vehicle sales based on registrations 
  • Fada vehicle sales are more reliable than SIAM despatch data; and that could ease from 29% growth in December 

 
  • Two mainboard IPOs will open for subscription on Monday 09-Feb 
  • Fractal Analytics will raise ₹2,834 crore and Aye Finance will raise ₹1010 crore through fresh issue plus OFS 

 
  • Nifty S/R at (25,556/25,768); Sensex S/R (83,133/83,820) for next week 
  • Crucial levels for change in Long View will be 25,553 for Nifty and 83,249 for Sensex; with Shorts only below that 

 
  • Key data points from US markets to be keenly watched this week 
  • FOMC Speak, Core Retail Sales, API Crude Stocks, Non-Farm Payrolls, Initial Jobless Claims, Fed Balance Sheet 

 
  • Key data points from ROW markets to be keenly watched this week 
  • GDP, Trade Balance (EU); Current Account (Japan); BOE Speak, GDP, IIP, Trade (UK); CPI, PPI, New Loans (China) 

 

 

Comments