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RBI interest rate decision, West Asia conflict, FII trading activity to drive markets: Analysts

Millennium Post Delhi

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October 07, 2024

Middle East tensions & foreign fund outflows were major culprits behind sharp fall in markets last week

RBI interest rate decision, West Asia conflict, FII trading activity to drive markets: Analysts

NEW DELHI: The Reserve Bank of India's (RBI's) interest rate decision, Middle East conflict and trading activity of foreign investors are the key factors that will dictate investors' sentiment in the market this week, analysts said.

Moreover, quarterly earnings from IT bellwether TCS, domestic macroeconomic data and movement in global oil benchmark Brent crude would also guide trends in the market.

Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets' sharp fall last week.

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