Besides, global cues, investment by overseas investors, movement of rupee against the dollar and crude oil price would also influence trading.
Apart from this, auto stocks will be in focus amid release of monthly sales data.
“Monetary policy review by the RBI on February 3 will be important event to watch in near term. The RBI is expected to keep its key lending rate unchanged. Auto sales data will affect the movement of auto stocks in upcoming sessions,” said Vivek Gupta, CMT â€“ Director Research, CapitalVia Global Research Limited.
Among quarterly results of companies scheduled this week are ACC, Hero MotoCorp, Jindal Steel & Power, Lupin, NHPC, Punjab National Bank, Aurobindo Pharma, Bharti Airtel, Tata Power Company, Tata Motors, NMDC and Tata Steel.
“In coming sessions, global cues, third quarterly results, crude oil and rupee versus dollar trend are all likely to impact market trend,” said Hiren Dhakan, Associate Fund manager, Bonanza Portfolio.
Over the past week, the BSE benchmark Sensex fell by 96 points to settle at 29,182.95.