InvestorQ : What are the major data flows that the markets will look forward to this week?
Arti Chavan made post

What are the major data flows that the markets will look forward to this week?

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Rutuja Nigam answered.
2 weeks ago
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In the coming week, starting from Monday 31 May, there are a set of very important data flows expected. To begin with, there will be the all-important GDP data that will be announced on Monday for the fourth quarter and for full year FY21. Then there is also the second RBI monetary policy of FY22 which will be announced on Friday 04 June.

In terms of expectations, the MPC is expected to maintain status quo on repo rates and monetary stance but with enhanced borrowings demand, markets will focus on GSAPs and borrowing program for second half. GDP growth is estimated at 2% for Q4 and -7.5% for FY21 and anything better will be positive for markets. Other key data points this week include core sector for Apr-21, auto sales numbers and Markit PMI numbers.

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