US Fed meeting to Q1 results FY27, US-Iran war: Top five triggers that may dictate the Indian stock market this week

The Indian stock market ended lower this week with the Sensex falling 2.68% to 76,059.77 and the Nifty declining 2.33% to 23,767.45, dragged by surging crude oil prices and escalating US-Iran geopolitical tensions. Key triggers for the upcoming week include the US Federal Reserve's FOMC meeting on July 28-29, where rates are expected to remain unchanged at 3.50-3.75%, and Q1 FY27 earnings from marquee names including HUL, ITC, L&T, BHEL, Adani Enterprises, and IRFC. WTI crude has climbed above $90 a barrel while Brent briefly crossed $100, reviving inflation and monetary policy concerns amid a weakening rupee and risk-off mood.