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Time of India
15 hours ago
- Business
- Time of India
RBI policy decision, key macroeconomic data, FII trends to steer stock markets this week: Analysts
AI-image NEW DELHI: The Reserve Bank of India 's upcoming interest rate decision, along with key macroeconomic data releases and global market cues, will play a pivotal role in determining equity market movements this week, according to market analysts. Marking the opening for June, market sentiment will also be shaped by trading patterns of Foreign Institutional Investors (FIIs) and developments on the tariff front, according experts quoted by PTI. "Looking ahead, all eyes will be on the outcome of the RBI's Monetary Policy Committee (MPC) meeting scheduled for June 6. Additionally, with the new month beginning, participants will track high-frequency data including auto sales numbers and other economic indicators. Updates on the progress of monsoon and the trend in FII flows will also be closely monitored," said Ajit Mishra, Senior Vice President, Research, Religare Broking Ltd. He added that fluctuations in the US bond market and updates on international trade negotiations will continue to impact global investor confidence. India's economy exceeded expectations in the final quarter of 2024–25, recording an annual growth rate of 6.5 per cent. This expansion raised the country's GDP to $3.9 trillion, positioning India to potentially surpass Japan as the world's fourth-largest economy in FY26. The January–March quarter alone saw a 7.4 per cent growth rate, marking a strong end to FY25. This robust performance was driven by higher consumer spending and notable gains in the construction and manufacturing sectors. Investors will also be closely watching the upcoming Purchasing Managers' Index (PMI) data for both manufacturing and services sectors. "This week, interest rate-sensitive sectors, particularly PSU banks, are likely to remain in focus amid growing hopes of an RBI rate cut. Additionally, the release of monthly auto sales and volume data could trigger sector-specific moves in the automobile space," said Siddhartha Khemka, Head of Research – Wealth Management, Motilal Oswal Financial Services Ltd. Last week, markets ended lower, with the BSE benchmark falling by 270.07 points or 0.33 per cent, and the NSE Nifty declining by 102.45 points or 0.41 per cent. Vinod Nair, Head of Research, Geojit Financial Services said, "The market is pricing in a 25 bps cut, which will improve the outlook for rate-sensitive sectors. The positive macroeconomic scripts can boost investor sentiments, but stability in the broader market will be contingent on strong earnings growth and receding trade tensions." Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
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Business Standard
a day ago
- Business
- Business Standard
RBI's interest rate decision, global cues likely to drive markets this week
RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors (FIIs) and developments on the tariffs front would also guide investors' sentiment, experts noted. "Looking ahead, all eyes will be on the outcome of the RBI's Monetary Policy Committee (MPC) meeting scheduled for June 6. Additionally, with the new month beginning, participants will track high-frequency data including auto sales numbers and other economic indicators. Updates on the progress of monsoon and the trend in FII flows will also be closely monitored," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Globally, developments in the US bond market and any updates regarding the ongoing trade negotiations will continue to influence investor sentiment, he added. The Indian economy expanded at a faster pace than expected in the last quarter of the 2024-25 fiscal, helping clock a 6.5 per cent growth rate in the year that elevated its size to USD 3.9 trillion and held promise of crossing the world's fourth-largest economy Japan in FY26. The economy grew at 7.4 per cent in January-March - the fourth and final quarter of April 2024 to March 2025 fiscal (FY25) - reflecting a strong cyclical rebound that was helped by a rise in private consumption and robust growth in construction and manufacturing. Meanwhile PMI (Purchasing Managers' Index) data for manufacturing and services sectors to be announced this week would also influence trading in the market. "This week, interest rate-sensitive sectorsparticularly PSU banksare likely to remain in focus amid growing hopes of an RBI rate cut. Additionally, the release of monthly auto sales and volume data could trigger sector-specific moves in the automobile space," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. Last week, the BSE benchmark declined 270.07 points or 0.33 per cent and the NSE Nifty dipped 102.45 points or 0.41 per cent. Vinod Nair, Head of Research, Geojit Investments Limited, said, "The market is pricing in a 25 bps cut, which will improve the outlook for rate-sensitive sectors. The positive macroeconomic scripts can boost investor sentiments, but stability in the broader market will be contingent on strong earnings growth and receding trade tensions.
Mint
a day ago
- Business
- Mint
RBIs interest rate decision, macroeco data, global trends to drive stock mkts this week: Analysts
New Delhi, RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said. Moreover, trading activity of Foreign Institutional Investors and developments on the tariffs front would also guide investors' sentiment, experts noted. "Looking ahead, all eyes will be on the outcome of the RBI's Monetary Policy Committee meeting scheduled for June 6. Additionally, with the new month beginning, participants will track high-frequency data including auto sales numbers and other economic indicators. Updates on the progress of monsoon and the trend in FII flows will also be closely monitored," Ajit Mishra – SVP, Research, Religare Broking Ltd, said. Globally, developments in the US bond market and any updates regarding the ongoing trade negotiations will continue to influence investor sentiment, he added. The Indian economy expanded at a faster pace than expected in the last quarter of the 2024-25 fiscal, helping clock a 6.5 per cent growth rate in the year that elevated its size to USD 3.9 trillion and held promise of crossing the world's fourth-largest economy Japan in FY26. The economy grew at 7.4 per cent in January-March - the fourth and final quarter of April 2024 to March 2025 fiscal - reflecting a strong cyclical rebound that was helped by a rise in private consumption and robust growth in construction and manufacturing. Meanwhile PMI data for manufacturing and services sectors to be announced this week would also influence trading in the market. "This week, interest rate-sensitive sectors—particularly PSU banks—are likely to remain in focus amid growing hopes of an RBI rate cut. Additionally, the release of monthly auto sales and volume data could trigger sector-specific moves in the automobile space," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. Last week, the BSE benchmark declined 270.07 points or 0.33 per cent and the NSE Nifty dipped 102.45 points or 0.41 per cent. Vinod Nair, Head of Research, Geojit Investments Limited, said, "The market is pricing in a 25 bps cut, which will improve the outlook for rate-sensitive sectors. The positive macroeconomic scripts can boost investor sentiments, but stability in the broader market will be contingent on strong earnings growth and receding trade tensions." This article was generated from an automated news agency feed without modifications to text.
New Indian Express
2 days ago
- Business
- New Indian Express
RBI's monetary policy decision, global trade negotiations to guide markets next week
Investors will keenly watch the Reserve Bank of India's (RBI) upcoming monetary policy decision for future market guidance. Additionally, market participants will monitor global developments, particularly trade tensions, to navigate the ongoing consolidation phase. India's equity market closed in the red this week. The subdued performance was primarily driven by global trade tensions and anticipation around domestic policy decisions. Benchmark indices, the Sensex and Nifty, experienced significant swings before closing lower amid uncertainty over U.S. tariff developments and caution ahead of the RBI's policy announcement. Both indices declined over 1%, with the Nifty ending at 24,750.70 and the Sensex at 81,451.01. 'Despite encouraging domestic cues, mixed signals from global markets kept investor sentiment on edge. Initially, optimism prevailed following the RBI's record dividend payout and positive updates regarding the monsoon. However, as the week progressed, concerns surrounding rising U.S. bond yields, trade tensions between the U.S. and the European Union, and the ongoing legal battle over U.S. tariffs weighed on market sentiment, limiting the scope for any meaningful recovery,' said Ajit Mishra – SVP, Research, Religare Broking. He added that looking ahead, all eyes will be on the outcome of the RBI's Monetary Policy Committee (MPC) meeting scheduled for June 6. The market is pricing in a 25bps cut, which will improve the outlook for rate-sensitive sectors.
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Business Standard
3 days ago
- Business
- Business Standard
Sensex down 182, Nifty at 24,751 as US tariffs keep investors cautious
After a flat opening, Indian equity benchmark indices remained under pressure on Friday, weighed down by weak global cues as investors remained cautious after the temporary reinstatement of US tariffs. After hitting intraday low of 81,286.46, the Sensex settled at 81,451, down by 182 points or 0.22 per cent. The Nifty50 closed at 24,750.1 levels, down by 82.90 points or 0.33 per cent. However, the broader markets settled flat with a negative bias. The NSE Midcap 100 index fell 0.06 per cent lower, while the NSE Smallcap 100 fell 0.03 per cent. Vinod Nair, head of research at Geojit Investments, said, a range-bound movement continued in the market, with the temporary reinstatement of US tariffs by the appeal court influencing investors to stay sidelined. The global market may contend with macroeconomic concerns as the global trade landscape has yet to see stability, which may navigate a short-term consolidation. "Meanwhile, FII inflows continued due to the volatility in the US 10-year yield and an expectation of solid domestic Q4 GDP data later today and a rate cut by RBI," he added. Barring Nifty PSU Bank, all other sectoral indices ended in red, with Nifty Metal and Nifty IT emerging as the top losers. Nifty Metal was the top sectoral loser, down by 1.69 per cent, pulled by fall in Jindal Stainless (4.09 per cent), Vedanta (4.36 per cent), Hindalco (2.5 per cent), Jindal Steel (2.46 per cent), and Hindustan Copper down 1.72 per cent. From the Sensex constituents, 25 out of 30 stocks settled lower, falling up to 2 per cent. The top laggards included HCL Tech (1.95 per cent), Tech Mahindra (1.73 per cent), Infosys (1.54 per cent), Asian Paints (1.53 per cent), NTPC (1.53 per cent) and Sun Pharma down 1.4 per cent. Among the gainers were Eternal, State Bank of India, HDFC Bank, L&T and Bajaj Finserv. According to Ajit Mishra, senior vice president for research at Religare Broking markets began the June expiry on a muted note and ended marginally lower, continuing the ongoing consolidation phase. Participants are now awaiting a fresh trigger to break the consolidation and resume the broader trend. In the meantime, one should align their trades with sectoral trends and themes that are attracting noticeable interest. "We recommend maintaining a 'buy on dips' approach, unless the Nifty decisively breaks below its first line of defense—the 20-day exponential moving average (DEMA), currently around the 24,600 level. A breach of this level could increase pressure and extend the current consolidation phase," Mishra said.
