Domestic markets extended its winning streak for the third consecutive session on Friday with Nifty advanced nearly 2% last week. The rally was driven by strong quarterly earnings, easing crude oil prices and firm global cues. Analysts say Indian equities are expected to trade with a positive bias as healthy domestic macros, and a strong Q1 earnings season continue to support investor confidence. Investors will closely monitor RBI's monetary policy decision, India's Manufacturing and Services Purchasing Managers' Index (PMI) data, along with developments in crude oil prices and geopolitical tensions in West Asia this week.
STATE OF THE MARKETS
