Global markets were mostly higher, buoyed by positive factory activity data from China and the United States. The upcoming RBI monetary policy on 4 April would provide further direction to the markets." The monetary policy committee's commentary on future interest rate and inflation trajectory would be closely monitored by the market participants, he added. Since the previous monetary policy meeting, domestic growth momentum has slowed (reflected in high frequency data such as car sales, IIP, etc.) 7) Continuing the last month's momentum, foreign investors put in ₹899 crore on a net basis into equities on Monday.

Source: Mint April 02, 2019 03:51 UTC