Markets Eye Inflation Data, Fed Meeting, and Growth Outlook in Pivotal Week
• Global trends, US macro data, and Fed policy meeting outcome to drive markets this week • Indian inflation expected to rise while US inflation steady; industrial and manufacturing production growth also awaited • Outcome of Fed policy meeting pivotal in shaping market sentiments • Markets hit new highs last week driven by strong GDP growth and RBI's upgraded FY24 growth forecast • FPI inflows, state election results, and RBI rate decision also drove last week’s rally