Global Factors Driving Indian Stocks Amid Earnings Lull

Indian stock markets are expected to be influenced by global factors as there are no local triggers. Crude oil prices, rupee movement, and US Federal Reserve meeting minutes will impact market sentiment. Gains were seen last week due to strong macroeconomic data, but PSU banks may experience a correction. Metals, FMCG, and capital goods sectors are expected to gain momentum. New listings and IPOs will create activity in the market. US Federal Reserve meeting minutes will be released on February 22.