This week, investors will be focusing on the quarterly results of some major banking and Finance sector companies. Besides the Balance of trade, WPI, and passenger vehicle sales data will also be released
This week, domestic investors will be eyeing key events such as the start of Q3FY24 earning season, IIP, and CPI data, along with core inflation, and initial jobless claims in the US that will keep the markets buzzing.
This week, investors will be eyeing key events such as the S&P Global Manufacturing PMI, Services PMI, auto sales data, and India's forex reserves, along with FOMC Minutes, and unemployment rate in the US that will keep the markets buzzing
There are expectations that the central bank will raise its main interest rate by 25 basis points and then pause for the rest of the year. The RBI raised its key repo rate by 25 bps to 6.5 per cent during its February 2023 meeting, in line with expectations, the sixth rate hike in a row.
Besides the Mahurat session on October 24, the coming week also will be crucial for local equity markets on account of F&O expiry scheduled on October 27, 2020. Besides, the Foreign Exchange Reserves data will also be out on October 28.