Week Ahead: Q4 Results, F&O expiry, Lok Sabha elections, global cues among key market triggers this week

Indian stock markets broke out of their sideways consolidation and have caught a broader bull run led by strong macroeconomic fundamentals and foreign fund inflows ahead of the high-stakes Lok Sabha election results due on June 4, 2024. In the last week of May, investors will keenly eye the final batch of the January-March quarter results for fiscal 2023-24 (Q4FY24), election voter turnout, domestic and global macroeconomic data, foreign fund inflow, crude oil prices, and global cues. Domestic equity benchmark indices recorded their biggest two-week winning streak in the last five months amid the election rally gripping the pulse on…