Earnings, Economy, and Interest Rates: What Will Drive Markets This Week

Markets in the coming week will be driven by a mix of macroeconomic data, central bank decisions, and corporate earnings. The Indian fiscal deficit data for March, due on May 5, will offer insights into the government’s fiscal health. HSBC Services PMI for April, set to be released on May 6, will indicate the strength of the services sector. Globally, investors await the US Federal Reserve's interest rate decision on May 7, followed by the Bank of England's policy meeting on May 8 — both of which could impact global sentiment and capital flows. Back home, earnings season will intensify, with around 285 companies announcing their Q4FY25 results. Key players like

, !L&T, , , , and 's will be in focus. Market participants will closely analyze these numbers to assess earnings visibility and growth potential for FY26, especially amid a mixed performance so far this quarter. Disclaimer: This post is for informational purposes only and does not constitute investment advice.