Among sectoral indices, Nifty Bank ended in the red, followed by Nifty Media and Nifty PSU Banks, Nifty Private Bank index while others closed with gains
On the outlook on gold prices, experts say the prices may test Rs 50,000 again this year
A record jump in the Covid-19 cases in the country spooked market sentiments
Cues from RBI policy , macroeconomic data, COVID-19 trends, Q4 earnings and global cues to be the key near term triggers for markets
In the upcoming policy meet, RBI has to deal with the rising inflation numbers, higher crude oil prices, the rising G-Sec yield- which indicates higher borrowing costs and the second wave of COVID-19
The first meeting of the six-member MPC to decide on the first bi-monthly monetary policy statement for 2021-22 will be held from April 5 to 7
In an interview to Money9, Rusmik Oza, Head of Fundamental Research at Kotak Securities, gave his insights on outlook for markets in FY22
The Dollar Index, which measures the US currency against a basket of six peers, will also be closely watched
Sudden jump in number of positive Covid cases and administrative restrictions in many cities have muted demand for gold
FY22 is likely to be strong growth year and also start of a multi-year earnings growth cycle