How is the Indian stock market expected to open on Monday after RBI's FII push? Here's what GIFT Nifty signals
Stock Market Today, June 6 -- Indian equity markets are expected to remain range-bound in the coming week as investors navigate a complex mix of domestic policy support and challenging global cues. While the Reserve Bank of India's latest measures to attract foreign capital and the government's tax relief for foreign investors in government securities have improved sentiment, concerns around elevated crude oil prices, the ongoing West Asia conflict, foreign institutional investor (FII) flows and the progress of the monsoon continue to keep market participants cautious.
The RBI recently kept the repo rate unchanged at 5.25% for the third consecutive policy meeting. Alongside the policy decision, the central bank announced several measures...
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