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[ad_1] Last week, the BSE benchmark jumped 1,384.96 points or 1.95 per cent, and the Nifty climbed 501.2 points or 2.34 per cent. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI’s interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. Also Read: Explained: Why RBI Banned Paytm Payments Bank? “On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8. The Q3 quarterly results season will continue to remain in focus. Bharti Airtel, Power Grid, Nestle, Lupin and Tata Power will announce their results this week,” said Pravesh Gour, Senior Technical Analyst, Swastika Investma...

[ad_1] Indications from GIFT Nifty trends suggest a pessimistic opening for the overall index in India, reflecting a decline of 43.50 points or 0.20 percent. Nifty futures are currently hovering around the 21,406 level in trading. On January 17, the Indian market experienced its most significant single-day decline in 18 months, driven by HDFC Bank’s disappointing performance in Q3. This led to a downturn in the banking sector, causing turbulence in the equity benchmarks, exacerbated by unfavorable global cues. Here’s a slew of stocks that will be in focus today on January 18; HDFC Bank: On January 18, attention will be on equity shares, particularly as HDFC Bank’s American Depository Receipt (ADR) closed significantly lower, dropping by 9 percent to $55.59 on the NYSE on January 17. This decline followed a generally negative assessment by most analysts regarding the private sector lender’s lackluster financial results for the quarter ending December FY24. In its report on Tuesday...