The Indian stock market is expected to take cues from the US-Iran geopolitical conflict, the ongoing June quarter earnings season, inflation data, crude oil prices, monsoon progress and foreign investor activity this week, according to market analysts, as cited by news PTI.

"Domestically, investors will closely monitor June CPI inflation, WPI inflation, and the latest foreign exchange reserves," Ajit Mishra, SVP, Research, Religare Broking Ltd, said.

The Q1 FY27 earnings season is also set to gather pace, with management commentary expected to influence sectoral trends and earnings expectations.

"Globally, developments surrounding the Iran–US conflict and their impact on crude oil prices will remain key monitorables," Mishra added.

After four consecutive months of selling, foreign institutional investors (FIIs) have turned net buyers of Indian equities in July, investing over Rs 15,157 crore so far this month, supported by improving domestic macroeconomic indicators, a stable rupee and better global risk sentiment.

"This week will see earnings from several companies, including HCL Technologies, Tech Mahindra, Union Bank, Federal Bank," Santosh Meena, Head of Research at Swastika Investmart Ltd, said.

On the domestic macroeconomic front, inflation data will remain a key trigger for the markets.

India's Consumer Price Index (CPI) inflation data is scheduled to be released on Monday, followed by the Wholesale Price Index (WPI) on Tuesday.

"Investors will also closely monitor the progress of monsoon, given its implications for rural demand and inflation," Meena said.

On the global front, developments surrounding the US-Iran situation will continue to remain in focus, particularly for their impact on crude oil prices.

"In the US, CPI inflation data on Tuesday and PPI (Producer Price Inflation) data on Wednesday will be closely watched, as they could influence expectations regarding the Federal Reserve's policy outlook," Meena added.

Last week, the BSE Sensex declined 194.52 points, or 0.25 per cent, while the NSE Nifty fell 63.95 points, or 0.26 per cent.

*With Agency Inputs