RBI policy, global trade talks to guide market next week

INVESTORS will keenly watch the Reserve Bank of India's (RBI) upcoming monetary policy decision for future market guidance.

- ENS ECONOMIC BUREAU @New Delhi

Additionally, market participants will monitor global developments, particularly trade tensions, to navigate the ongoing consolidation phase. India's equity market closed in the red this week, extending its consolidation for the second consecutive week. The subdued performance was primarily driven by global trade tensions and anticipation around domestic policy decisions.

Benchmark indices, the Sensex and Nifty, experienced significant swings before closing lower amid uncertainty over US tariff developments and caution ahead of the RBI's policy announcement. Both indices declined over 1%, with the Nifty ending at 24,750.70 and the Sensex at 81,451.01.