Markets will continue to feel that we are closer to the peak of the interest rate hike cycle both globally as well as in India and that is something which bodes well for the markets. So yes China opening up can have a commodity inflation but overall I feel markets will take it more positively.
GDP data, crude prices among 7 factors likely to steer D-Street this week
Indian equities are likely to take cues from a slew of domestic and global factors this week, including India’s first-quarter GDP data, US jobs numbers,