RBI rate decision, macro data to steer markets in holiday-shortened week - News Summed Up

RBI rate decision, macro data to steer markets in holiday-shortened week


New Delhi: The Reserve Bank of India's (RBI) interest rate decision, macroeconomic data points and global cues would be the key driving factors for the equity market in the holiday-shortened week ahead, say analysts. Besides, monthly auto sales data to be announced early this week would be closely watched by market participants. However, the biggest domestic event scheduled for next week is the central bank's interest rate decision on Friday. "Going ahead, the focus would shift to trade talks related development between US and China and earnings announcements," said Sanjeev Zarbade, VP PCG Research, Kotak Securities. The upcoming US-China trade talks would also be eyed by participants.


Source: Mint September 29, 2019 07:18 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */