RBI policy and global cues to influence market direction
after close1 source ↓written by the desknot a recommendation
- 26,202.95
- 85,706.67
- by the U.S
- 25 basis points rate cut
Equity markets extended their winning streak for the third consecutive week, with the Nifty up 0.52% at 26,202.95 and the Sensex rising 0.56% to 85,706.67. This rally was fueled by expectations of a 25 basis points rate cut by the U.S. Federal Reserve, alongside positive domestic signals despite weak export numbers.
Key factors to monitor include the upcoming RBI policy meeting and ongoing global developments, particularly in the Russia–Ukraine situation, which may impact crude oil prices.
Not investment advice. For informational purposes only.