Domestic markets witnessed profit booking after four consecutive sessions of gains, with the Nifty declining 0.6%. Indian equities are expected to witness a gradual upmove, aided by supportive global cues, healthy domestic macroeconomic indicators, and encouraging corporate earnings. Investors will closely track the US jobs data later today, followed by the RBI's monetary policy decision tomorrow, and the UK and US Composite and Services PMI.
STATE OF THE MARKETS
