It was a volatile week for the key bellwether indices — the Sensex and the Nifty 50. They witnessed selling interest and slumped over 1 per cent last week.
Global markets witnessed mixed trends, with the US market (Dow) ending the week on a flat note and the Japan’s Nikkei 225 experiencing a sharp fall.
The ensuing week is crucial for the domestic indices as the focus will be on the RBI’s monetary policy committee (MPC) meetings.
Apart from that, investors need to keep a watch on the rising gold price and the rupee movement against the greenback.
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