New Delhi, April 27 -- Snapping its two-week winning run, Indian equity benchmark Nifty 50 fell 2% for the week ended 24 April amid geopolitical tension between the US and Iran, higher crude oil prices, and mixed Q4 earnings.

While news flows about the US-Iran conflict and Q4 earnings will remain dominant triggers for the domestic market, this week, the focus will also be on the US Federal Reserve's policy decision on Wednesday, 29 April.

The Fed is expected to keep its policy rate unchanged amid increased risk of inflation rising due to higher energy prices. This will be Jerome Powell's last policy meeting as the Federal Reserve Chairman as his term expires on 15 May. After April, Fed's next policy meeting is scheduled for June 16-17. ...