Modi's Independence Day Address, Q1 Results, IPO Buzz And More — The Week Ahead

The week is jam-packed with corporate actions, earnings, exciting names on the primary market and key economic data coming in.

As the nation celebrates its 79th Independence Day, all eyes will be on Prime Minister Narendra Modi's address, given the latest developments on various fronts. The week ahead is set to bring in key economic data from the US, China, Japan and Europe.

Back at home, the primary market is bustling with action as four mainboard IPOs — BlueStone Jewellery & Lifestyle Ltd., All Time Plastics Ltd., JSW Cement Ltd. and Regaal Resources Ltd. — are opening this week. The SME IPO space is also set to see some solid action with seven IPOs open during the upcoming week.

The Indian equity benchmarks closed in the red, closing with losses after a day of gains. During the week, the market clocked in the longest weekly losing streak in over five years.

The NSE Nifty 50 benchmark ended 232 points, or 0.95% lower at 24,363 and the 30-stock BSE Sensex ended 765 points, or 0.95% lower at 79,857.

The week is still set to see a lot of action on the domestic front with key economic data and the prime minister's address.

On Tuesday, the Consumer Price Index is expected to be released, this data tracks the prices of goods and services from the consumers point of view.

On Thursday, the Wholesale Price Index for food, fuel and inflation is expected. Along with this, the WPI Manufacturing Inflation will also be released.

On Friday, India celebrates its 79th Independence Day and on account of this, the Indian equity markets will also remained closed. Modi is also set to address the citizens from the Red Fort.

On Monday, Japan's equity market will remain closed on account of Mountain Day.

On Tuesday, key economic data from the US as Core CPI data and CPI data is expected to be announced. The US is also set to post Crude Oil Inventories on Wednesday.

On Thursday, EuroZone will post its Gross Domestic Product numbers, along with its industrial production data. From the US, data like Jobless Claims and Core PPI are expected. On the same day, Japan is set to post its GDP figures and China will release its Industrial Production data and Unemployment rate.

On Friday, the US is set to release its Retail Sales data and Industrial Production data, along with import and export price index figures.

The upcoming week is set to be active with various corporate actions, including several companies going ex-trade for dividends, bonus issues, stock splits, rights issues, and buybacks. Investors looking to benefit from these actions should pay close attention to the ex-dates to ensure their eligibility.

Here's a full list:

This week will see major companies across various sectors announce their Q1 results. The financial and automotive sectors are a particular focus, with heavyweight names like Hindalco Industries Ltd., Oil and Natural Gas Corporation Ltd., Indian Oil Corporation Ltd., BPCL, and Muthoot Finance Ltd. scheduled to report.

Bharat Dynamics Ltd., RVNL, Titagarh Rail Systems Ltd., and Ashok Leyland Ltd. are also set to post earnings. Further, notable names like Apollo Hospitals Enterprise Ltd., Zydus Lifesciences Ltd., Jubilant FoodWorks Ltd., Patanjali Foods Ltd., and Suzlon Energy Ltd. will also be reporting their quarterly performance.

BlueStone Jewellery & Lifestyle has an IPO scheduled from Aug. 11 to Aug. 13, with an issue size of Rs 1,540 crore. All Time Plastics' IPO is open from Aug. 7 to Aug. 11.

JSW Cement has a much larger issue size of Rs 3,600 crore, with its IPO also running from Aug. 7 to Aug. 11. The final mainboard IPO is for Regaal Resources, with an issue size of Rs 306 crore, which will be available for subscription from Aug. 12 to Aug. 14.

ANB Metal Cast, Star Imaging, Medistep Healthcare, Mahindra Realtors, Swaliya Foods, Icodex Publishing Solutions, and Connplex Cinemas are the SME IPOs open for the week.