US-EU Trade Deal, Q1 Results And Other Key Stock Market Cues To Watch Today

Stock Market News: The domestic stock market extended their losing streak for the fourth consecutive week as investors stayed cautious amid mixed signals. After showing some strength in the first half of the week, benchmark indices came under pressure again in the final sessions. The rebound attempts faded, dragging the Nifty down to 24,837.00 and the Sensex to 81,463.09 by the week’s close.

In today’s session, July 28, the following factors are likely to influence the action on the D-Street. Let’s take a look at these.

US-EU Trade Deal

US President Donald Trump on Sunday announced a trade deal with the European Union, under which the US will impose a 15 per cent tariff on EU imports. As part of the agreement, the EU has pledged $600 billion in investments and $750 billion in energy purchases in the US.

Trump called it “a good deal for everybody.” The deal, finalised during talks at Trump’s golf facility in Scotland, aims to prevent further trade sanctions and avoid global economic disruption.

Q1 Results Today, July 28

As many as 92 companies, listed on the Bombay Stock Exchange (BSE) are slated to report their earnings for the quarter ended June 30, 2025 (Q1 FY26).

Among these, IndusInd Bank, Bharat Electronics, Adani Green Energy, Adani Total Gas, Gail (India), Mazagon Dock Shipbuilders, Motherson Sumi Wiring India, Nippon Life India Asset Management, NTPC Green Energy, Piramal Pharma, RailTel Corporation, Torrent Pharmaceuticals, and Waaree Energies will be reporting their Q1 FY26 earnings later today.

IIP Data June 2025

National Statistical Office (NSO), operating under the Ministry of Statistics and Programme Implementation (MoSPI), is set to release India's Index of Industrial Production (IIP) later today.

Previously, in May, India’s industrial growth slowed to 1.2 per cent, down from 2.7 per cent in April. Sector-wise, manufacturing recorded a growth of 2.6 per cent, while mining declined by 0.1 per cent and electricity contracted by 5.8 per cent.

IIP data serves as a key indicator of industrial activity and economic health of the country, which could likely influencing market sentiment and sectoral stock performance.

Global Markets

Earlier on Friday, July 25, US stock market closed higher, led by hopes of a US-EU trade deal. The S&P 500 and Nasdaq Composite closed at record levels.

Recent gains in US markets have been led by strong corporate earnings, recent trade agreements with Japan and the Philippines, and expectations that the US will secure more deals to avoid higher tariffs.

The Dow Jones Industrial Average rose 0.47 per cent to 44,901.92 points, the S&P 500 climbed 0.40 per cent to end the session at 6,388.64 points, and the tech-heavy Nasdaq gained 0.24 per cent to 21,108.32 points.

In Asia, markets traded on a mixed note in early session. Japan's Nikkei 225 slipped more than 0.75 per cent, while the Hong Kong-based Hang Seng rose around 0.40 per cent. While South Korea's Kospi traded lower by 0.15 per cent, China's SSE Composite surged nearly 0.25 per cent during the session so far.