# Crude, West Asia tensions, inflation data to steer markets this week

2026-08-09T14:27:02+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Analysts say crude oil prices, West Asia tensions, and inflation data will drive Indian stock markets this week, as per The Hindu BusinessLine and NDTV Profit. Ajit Mishra of Religare Broking flagged the July CPI and WPI prints due August 12 and 14, plus US CPI and PPI on August 12 and 13, as key domestic and global cues. Santosh Meena of Swastika Investmart noted the new Closing Auction Session for F&O stocks debuted last week, contributing to volatility. Foreign portfolio investors net bought Rs 12,921 crore in the first week of August. The Strait of Hormuz situation and US-Iran talks remain in focus.

## Coverage

- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/crude-oil-developments-in-west-asia-inflation-data-to-drive-markets-this-week-say-analysts/article71324391.ece>
- ndtvprofit.com <https://www.ndtvprofit.com/markets/rupee-inflation-data-q1-earnings-us-iran-talks-the-week-ahead-11886783>

Tags: crude oil, FPI, inflation, stock market, Strait of Hormuz, West Asia
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