India-US Trade Deal, Q1 Results, FOMC Minutes: The Week Ahead
The June 2025 quarter earnings season begins this week, with Tata Consultancy Services Ltd. set to announce its results.
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Global developments will shape market sentiment in the coming week along with quarterly earnings. Among important events is the announcement of US-India trade deal. Along with US President Donald Trump’s move to inform trading partners about planned tariff rate.
The US Federal Reserve will release the minutes of its June policy meeting, and investors will track interest rate decisions from central banks in Australia and South Korea.
The June 2025 quarter earnings season begins this week, with Tata Consultancy Services Ltd. set to announce its results. On the IPO front, Travel Food Services’ public issue opens for subscription, and Crizac is set to debut on the stock exchanges.
Back home, Indian equities ended last week in the red amid caution around the India-US trade deal, foreign capital outflows, and the start of the earnings season. The Nifty formed a small bearish candle on the weekly chart, suggesting a phase of consolidation after recent gains. Analysts expect the index to trade with a positive bias within the 25,200–25,700 range, with stock-specific action likely to drive market direction.
Markets This Week
Benchmark indices broke a two-day losing streak to settle higher on Friday but on a weekly basis the Nifty 50 and Sensex declined over 0.75%.
The NSE Nifty 50 ended 55.70 points or 0.22% higher at 25,461, while the BSE Sensex closed 193.42 points or 0.23% up at 83,432.89.
This week, the broader market indices outperformed the benchmark indices, with the Nifty and Sensex experiencing declines after two consecutive weeks of gains.
The Nifty Realty sector saw a significant drop of over 2%, making it the worst-performing sector of the week, with Macrotech Developers Ltd. and Brigade Developers leading the declines.
Domestic Cues
Investor focus in the coming week will remain firmly on the uncertain India-US trade deal, with US President Donald Trump's July 9 deadline approaching. Despite months of negotiations, no breakthrough has been achieved, and it is expected that the deal will be announced in the coming week.
Commerce Minister Piyush Goyal made it clear that India will not rush into any deal based on external deadlines, insisting that any agreement must be fully concluded and in the national interest.
Markets are also preparing for the start of the fr=irst quarter earnings season. IT majors Tata Consultancy Services Ltd. and Tata Elxsi Ltd. will report their results during the week, offering early insights into sector performance amid ongoing global demand concerns. Retail giant DMart is scheduled to announce its results on Friday.
Apart from corporate earnings, India’s weekly foreign exchange reserves, will be released on Friday.
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Global Cues
While investors wait for US President Donald Trump’s move ahead of the deadline of July 9, they will also track US Federal Reserve's minutes of its June policy meeting, and investors will track interest rate decisions from central banks in Australia and South Korea.
US crude oil inventories will also be released on Wednesday.
Additionally, the US will release the jobless claims data for the week ending July 5.
UK will release its GDP date for the May.
Primary Market Action
The primary market is set for a busy week with six new public issues lined up, including one major mainboard IPO and five SME offerings. The headline act is Travel Food Services, a Mumbai-based operator of airport lounges and quick-service restaurants across India and Malaysia. Its Rs 2,000 crore public issue opens on July 7, with a price band of Rs 1,045–1,100 per share. The offer comprises 1.82 crore existing shares, and investors must apply for a minimum of 13 shares.
On the SME front, upcoming IPOs include GLEN Industries, Chemkart India, Smarten Power Systems, CFF Fluid Control, and Asston Pharmaceuticals. These smaller offerings aim to tap into investor appetite for niche, high-growth companies in specialised sectors. The listings provide a range of options for investors seeking opportunities outside of large-cap names.
Several IPOs are also set to make their stock market debut this week. Pushpa Jewellers, Silky Overseas, Vandan Foods, Cedaar Textile, and Marc Loire will list on July 7. Crizac in the only main board listing in the week and will debut on July 9, followed by Cryogenic OGS and White Force on July 10, and Meta Infotech on July 11.
Corporate Actions
The upcoming week is set to be active with various corporate actions, including several companies going ex-trade for dividends, bonus issues and rights issues. Investors looking to benefit from these actions should pay close attention to the ex-dates to ensure their eligibility.
Key names in focus this week include HDFC Bank, Dr Reddy's Laboratories Ltd., among others, all of which have record dates for final and special dividends coming up.
Titan Co., JSW Steel Ltd., Mphasis Ltd., Dr Reddy's Laboratories Ltd., Apollo Tyres Ltd. and IDFC First Bank Ltd. are among the many stocks that will trade ex-dividend this week.
Meghna Infracon Infrastructure Ltd., Alkosign Ltd., Dynamic Cables Ltd. and Roto Pumps Ltd. are scheduled to distribute bonus shares to their stakeholders, ahead of their respective record dates next week.
