{"id":215,"date":"2025-07-07T09:42:17","date_gmt":"2025-07-07T09:42:17","guid":{"rendered":"https:\/\/avsenthil.com\/blog\/?p=215"},"modified":"2025-07-07T09:43:04","modified_gmt":"2025-07-07T09:43:04","slug":"wru01","status":"publish","type":"post","link":"https:\/\/avsenthil.com\/blog\/2025\/07\/07\/wru01\/","title":{"rendered":"WRU01 &#8211; Weekly Market Pulse: A Calm Before the Earnings Storm?"},"content":{"rendered":"<blockquote><p>\ud83d\udcc9 \u201cMarkets are never wrong \u2014 opinions often are.\u201d \u2013 Jesse Livermore<\/p><\/blockquote>\n<p data-start=\"369\" data-end=\"637\">Indian equity markets cooled off slightly last week after an extended rally, with the Sensex and Nifty declining by approximately 0.7%. Rather than a sign of weakness, this appears to be a healthy consolidation as investors recalibrate ahead of the Q1 earnings season.<\/p>\n<ul>\n<li data-start=\"639\" data-end=\"946\">The Sensex briefly tested all-time highs near 84,000 before settling around 83,400. The mood was cautious, following SEBI\u2019s interim order against U.S.-based Jane Street over alleged market manipulation \u2014 a move that raised compliance questions but did not dent domestic institutional appetite significantly.<\/li>\n<li data-start=\"948\" data-end=\"1294\">On the macro front, India\u2019s economic momentum remains robust. The Manufacturing PMI surged to a 14-month high of 58.4, while the Services PMI posted an impressive 60.4, signalling sustained expansion across sectors. With a resilient rupee, healthy forex reserves, and strategic PSU reforms underway, the underlying fundamentals remain supportive.<\/li>\n<li data-start=\"1296\" data-end=\"1520\">Globally, markets digested a mix of cues. Optimism from a Middle East ceasefire and U.S. equity highs was tempered by hawkish signals from strong U.S. jobs data, fresh tariff concerns, and ongoing economic softness in China.<\/li>\n<li data-start=\"1522\" data-end=\"1753\">While certain sectors saw profit booking, the focus now shifts to the upcoming earnings season. Expectations are particularly high for consumption-linked industries, which could set the tone for market direction in the weeks ahead.<\/li>\n<\/ul>\n<p data-start=\"1755\" data-end=\"1875\"><strong data-start=\"1755\" data-end=\"1875\">In short: The rally may have paused, but the narrative is far from over.<br \/>\nThe next move hinges on corporate earnings.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcc9 \u201cMarkets are never wrong \u2014 opinions often are.\u201d \u2013 Jesse Livermore Indian equity markets cooled off slightly last week after an extended&hellip;<\/p>\n","protected":false},"author":1,"featured_media":216,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[13,63,61,18,62,65,59,14,64,60],"class_list":["post-215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-roundup","tag-avsenthil","tag-financeblog","tag-indianmarkets","tag-investsmart","tag-marketinsights","tag-marketoutlook","tag-marketpulse","tag-rrrtejas","tag-wealthmanagement","tag-weeklymarketwrap"],"_links":{"self":[{"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/posts\/215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/comments?post=215"}],"version-history":[{"count":3,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/posts\/215\/revisions"}],"predecessor-version":[{"id":219,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/posts\/215\/revisions\/219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/media\/216"}],"wp:attachment":[{"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/media?parent=215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/categories?post=215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/avsenthil.com\/blog\/wp-json\/wp\/v2\/tags?post=215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}