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.

“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 Investmart Ltd.

How should global investors prepare ahead of the US first-rate cut? Unicorns of India: Key Drivers Behind the Billion-Dollar Boom and What Aspiring Entrepreneurs Can Learn EducationUSA to host nationwide series of education fairs in India Global stock markets crash: R…