Indian Markets Rise Ahead Of RBI Policy Decision
Indian stock markets were expected to open higher on Friday as investors focused on the upcoming monetary policy decision of the Reserve Bank of India. Early market indicators suggested a positive start for major indices, with sentiment supported by strong economic data and steady earnings in recent weeks.
Mixed Expectations Over Rate Move
Investors had earlier anticipated a possible cut in policy rates, but recent economic performance has made the outlook less certain. India has recorded strong GDP growth and inflation has stayed within manageable levels. These factors reduce pressure on the central bank to make an immediate rate change. At the same time, the rupee has weakened against major currencies, prompting speculation that the RBI may wait before adjusting rates.
Broader Market Picture
Benchmark indices remain higher for the year, despite some fluctuations over the past week. Analysts believe the RBI’s announcement will set the direction for markets heading into the new calendar year. Traders are looking for signals on how the central bank plans to balance inflation, currency stability and growth in the coming months.
