CPI data for the month of June continued to be soft despite reports of a spike in fruits and vegetables prices. Here are the top factors that will guide market direction in the next week.Earnings season has already started with two biggies of Dalal Street - Tata Consultancy Services (TCS) and Infosys -- releasing their June quarter results in the week gone by. Next week, a host of companies is slated to announce their financial results for the quarter under review. Kotak Mahindra Bank and RBL Bank will announce April-June results on Thursday and Ashok Leyland will announce its results on Friday. : Given the kind of dominance and status it enjoys, the financial results of oil-to-telecom conglomerate Reliance Industries is capable of changing the direction of market.

Source: Economic Times July 16, 2017 05:37 UTC