CPI, Trade Data, Wipro Q4 Results and Special Parliament Session in Focus This Week

CPI, Trade Data, Wipro Q4 Results and Special Parliament Session in Focus This Week​

India enters a crucial week beginning Monday, April 13, with a mix of key economic indicators, major corporate earnings, and significant political developments set to shape sentiment across markets and policy circles.

Inflation and Trade Data to Set Economic Tone​

The week will begin with the release of Consumer Price Index based retail inflation data for March on Monday, April 13. Economists tracked by Bloomberg expect inflation to edge higher to 3.4 percent, compared to 3.21 percent recorded in February, offering fresh insight into price trends.

Attention will then shift to Wednesday, April 15, when Wholesale Price Index based inflation data will be announced. Projections indicate a rise to 3.6 percent from 2.13 percent in the previous month, reflecting movements in wholesale price levels.

On the same day, the government will also release trade data for March along with figures for the full fiscal year 2026. These numbers are expected to highlight the impact of the Iran conflict, which began on February 28, on India’s import and export dynamics.

Q4 Earnings Season Gains Momentum​

Corporate earnings activity will intensify during the week, with nearly a dozen major companies set to report their March quarter results.

Wipro Ltd. will be in focus as it announces its Q4 results on Thursday, April 16. The company will become the second major IT firm to declare earnings after Tata Consultancy Services Ltd. released its results last week.

The broader earnings calendar will be dominated by financial sector companies. Key names scheduled to report include HDB Financial Services Ltd., ICICI Prudential Asset Management Co., ICICI Prudential Life Insurance Co., ICICI Lombard General Insurance Co., HDFC Asset Management Co., HDFC Life Insurance Co., Angel One Ltd., HDFC Bank Ltd., ICICI Bank Ltd., and Yes Bank Ltd.

Special Parliament Session on Women’s Reservation Bill​

A major political highlight of the week will be the special session of Parliament on Thursday, April 16. Prime Minister Narendra Modi has called the session to deliberate on the Women’s Reservation Bill, describing it as historic.

The proposed legislation, referred to as the Nari Shakti Vandan Adhiniyam, aims to reserve 33 percent of seats in the Lok Sabha and state assemblies for women.

The amendments under consideration seek to delink the reservation from the pending census and delimitation exercise by relying on 2011 Census data, which could accelerate the implementation of the bill.

Austrian Chancellor’s Visit to India​

Adding to the week’s significance, Austrian Chancellor Christian Stocker will undertake his first official visit to India from April 14 to April 17.

He will be accompanied by a high level delegation, including the Federal Minister of Economy, Energy and Tourism Wolfgang Hattmannsdorfer, along with senior officials and business leaders.

During the visit, Prime Minister Narendra Modi and Chancellor Stocker are expected to hold discussions aimed at strengthening bilateral cooperation across multiple sectors. The leaders will also exchange views on regional and global issues and cooperation in multilateral forums. A formal lunch will be hosted in honour of the visiting dignitary.

Market Holiday on April 14​

Indian stock markets will remain closed on Tuesday, April 14, on account of Ambedkar Jayanti. The day also coincides with new year celebrations in several parts of the country based on the Hindu calendar.

Global Developments in Focus​

Alongside domestic triggers, market participants will closely monitor developments related to the US Iran ceasefire, which continues to influence global sentiment and economic outlook.