Indian markets saw significant volatility and closed the week in the red. Foreign fund outflows and a falling rupee impacted investor sentiment. Analysts provided insights into the Nifty and Bank Nifty outlook. The focus is on stock selection amidst sector-specific rotations. Metals, Autos, and Private Banks are showing strength.
RBI likely to keep status quo on policy rate as threats loom
A majority of economists polled by ET predict the Reserve Bank of India will hold its policy rate steady at the upcoming June meeting. This