The Indian equity markets are set for a crucial week with more than 21 companies announcing Q1FY27 results for the quarter ended June 30, 2026. According to latest reports, big names scheduled to announce their Q1FY27 results this week include Tata Consultancy Services (TCS), L&T Finance, LIC, Avenue Supermarts (DMart), and Anand Rathi Wealth. Several companies have also scheduled earnings calls to discuss results with investors and analysts. The Nifty 50 closed the week with a weekly gain of nearly 0.9%, registering resilience by sustaining decisively above the previous week's low of 24,000 despite intermittent volatility. The benchmark Sensex gained 663.44 points, or 0.86%, last week, while the Nifty advanced 214.85 points, or 0.89%, setting the stage for another eventful week on Dalal Street. As per ET Now, markets gained nearly 0.9% during the week ended July 3, buoyed by easing concerns over the sustainability of the US-Iran ceasefire and tensions around the Strait of Hormuz. Investor sentiment was further supported by softer US labour market data, which lowered expectations of a Federal Reserve interest rate hike. According to The Times of India, markets this week will track TCS's June-quarter results, crude oil prices, global cues, FOMC minutes, monsoon progress, foreign investor activity and the start of the Q1 FY27 earnings season.
Tata Consultancy Services (TCS) is set to announce its Q1 FY27 results on July 9, officially kickstarting the earnings season for the IT sector. In an exchange filing dated June 22, TCS confirmed that a meeting of its Board of Directors is scheduled for July 9 to approve the audited standalone and consolidated interim financial results for the quarter ended June 30, 2026. The Board of Directors will also consider the declaration of an interim dividend to the equity shareholders. According to Vinod Nair, Head of Research at Geojit Investments, the domestic earnings season will be one of the key factors shaping market direction in the upcoming week. The Nifty IT index rebounded nearly 2%, extending its two-day gain to over 6% following the recent correction and improving global technology sentiment. As per The Times of India, investors are expected to closely watch the company's performance as well as its management's comments on demand, discretionary spending and opportunities in artificial intelligence. Ajit Mishra, Senior Vice President (Research) at Religare Broking, noted that "Investors will closely monitor the quarterly results of TCS on July 9, with particular focus on management commentary regarding demand trends, discretionary spending, and AI-led business opportunities".
Prime Minister Narendra Modi will commence his six-day visit to Indonesia, Australia and New Zealand from Monday, marking his fourth visit to Indonesia, the third bilateral visit to Australia as Prime Minister, and maiden visit to New Zealand. The visit comes amid India's efforts to consolidate its relationship with major countries in Southeast Asia and the Pacific via cooperation in defence, trade, technologies, investment, and maritime security. PM Modi is set to hold bilateral discussions with the leadership of all three countries, along with interacting with the business community and Indians living in these countries. According to NDTV Profit, the visit comes amid India's efforts to consolidate its relationship with major countries in Southeast Asia and the Pacific via cooperation in defence, trade, technologies, investment, and maritime security. This diplomatic engagement is expected to strengthen India's strategic position in the region and enhance bilateral cooperation across multiple sectors.
The India-Japan summit is expected to yield meaningful progress in multiple strategic areas, with investors particularly optimistic about developments in trade, defence, semiconductors, AI collaboration, and a proposed rupee-yen settlement framework. According to ET Now, domestic market sentiment was further lifted by optimism surrounding the India-Japan summit, with investors expecting meaningful progress in areas such as trade, defence, semiconductors, AI collaboration, and a proposed rupee-yen settlement framework. This diplomatic engagement is expected to strengthen India's strategic partnerships in the Asia-Pacific region and open new avenues for bilateral cooperation across technology and defence sectors.
US Ambassador to India Sergio Gor announced on Tuesday that negotiations between India and the US regarding a trade deal was nearing completion. "Most of this deal is complete. There are a few items that remain from both sides, but it's in the last one or 2% of that deal," Gor stated. Key progress on the trade deal is expected to be announced in the week to come, marking a significant milestone in India-US bilateral relations. Additionally, Iran and the US are expected to hold their next round of talks on July 11 to consolidate upon the diplomacy introduced by the Memorandum of Understanding inked between the two countries on June 18, in order to end the war between them and open up the Strait of Hormuz for global use. According to NDTV Profit, the talks will focus on consolidating the diplomatic progress made through the Memorandum of Understanding signed on June 18.
The Nifty 50 extended its winning streak to four weeks and closed at 24,270 on July 3, up 0.9% for the week, moving closer to a two-month high. The index was supported by softer crude oil prices, easing geopolitical tensions, revival in the monsoon and optimism around a possible India-US trade agreement. The Sensex also gained 0.8% during the week to close at 77,763. Sectoral participation remained broadly positive, with the Real-Estate index emerging as the top performer, rising nearly 8%, while Pharma and Healthcare indices gained around 3% each. According to Upstox News Desk, market breadth improved during the week, with the percentage of NIFTY50 stocks trading above their 50-day moving average rising to around 55% from nearly 46% in the previous week. Foreign investors have started the July series on a positive note with net buying of ₹99 crore in the cash market, marking an improvement after sustained selling in previous months. The NIFTY50 broke above its nine-session consolidation range and closed above the 24,200-24,250 resistance zone, with the index now trading above both the 20-day EMA at 23,913 and the 50-day EMA at 23,883.
The Q1FY27 earnings week schedule includes July 6: Betala Global Securities, Longspur International Ventures, Stellant Securities (India); July 7: Chambal Breweries & Distilleries; July 8: Brandbucket Media & Technology, Indbank Merchant Banking Services, Innovatus Entertainment Networks, Majestic Research Services and Solutions; July 9: Asian Hotels (East), Anand Rathi Wealth, Eimco Elecon (India), GM Breweries, Gujarat Hotels, Tata Consultancy Services; July 10: Elecon Engineering Company, International Travel House, L&T Finance, Newtrac Foods & Beverages; and July 11: Avantel, Avenue Supermarts (DMart), LTM (formerly LTIMindtree). Several firms will also consider an interim dividend during these meetings, with record dates to be announced accordingly. According to ET Now, domestically, investor attention will centre on the commencement of the Q1 FY27 earnings season from July 9, with the initial batch of corporate earnings and management commentary expected to provide valuable insights into demand conditions, margin trends, and earnings visibility. As per The Times of India, "Domestically, investor attention will centre on the commencement of the Q1 FY27 earnings season from July 9, with the initial batch of corporate earnings and management commentary expected to provide valuable insights into demand conditions, margin trends, and earnings visibility".
