RBI, RIL to set tone for the Street; rally may go on
New Delhi: The RBI monetary policy review and Reliance results will set the tone for the Dalal Street this week, analysts said, while expressing optimism that the markets will continue the winning streak for the fourth week on back of strengthening fund inflows.
"Investor sentiment is upbeat and the Dalal Street may see hitting new highs this week. Tracking positive global cues, the market is likely to start the week in the green on Monday," CNI Research chairman and managing director Kishore P Ostwal told PTI.
The coming week will be action-packed as the market will be closely watching the RBI policy announcement and the first quarter numbers of the Sensex heavyweight Reliance Industries, both of which are slated for Tuesday.
Source: PTI
