The RBI's monetary policy announcement on August 8 and the final Q1 earnings from Bharti Airtel and ONGC are key events this week.
Santosh Meena of Swastika Investmart highlights the Indian market's resilience amid global weakness, thanks to strong domestic liquidity. However, Vinod Nair of Geojit Financial Services anticipates market consolidation due to high valuations and weak Q1 results. Additionally, global oil prices and the rupee-dollar trend will significantly impact market movements.