RBI Monetary policy, PMI numbers & industrial production data to remain in focus
Mumbai, May 29 -- Indian equity investors face a mixed global landscape for the next trading week, balancing downward macro revisions against resilient industrial growth.
Market sentiment will react to the U.S. Bureau of Economic Analysis revising its first-quarter U.S. real Gross Domestic Product growth down to a 1.6% annualized rate from an initial 2.0% advance estimate.
Conversely, China provides a regional manufacturing cushion, with the National Bureau of Statistics reporting that major industrial profits rose 18.2% year-on-year for the January-April period, accelerated by a sharp 24.7% surge in April alone.
On the domestic front, investor will also take stock of emerging structural shifts as the United Nations recently revised In...
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