Volatility is expected in the Indian stock market as investors react to RBI’s decision to recall Rs 2,000 banknotes. A number of companies will release their quarterly results in the coming week which should drive individual stock prices. The US Federal Reserve will reveal the minutes of its meeting and discussions around the raising of the debt ceiling in the US will be closely watched. The week will also see the expiry of the May derivative series, which will likely create market volatility.
Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and