After a volatile first week of June marked by RBI policy decisions, FPI-focused measures and tech sector swings, investors are preparing for another event-packed week featuring key inflation readings, major corporate earnings and one of the most anticipated IPOs in history.
Indian stock markets may start the week on a cautious note as weak global cues, foreign investor selling, rising US bond yields and ongoing geopolitical tensions continue to pressure sentiment. With Gift Nifty indicating a sharp gap-down opening, traders will closely watch whether the benchmark index can defend the critical 23,150 support zone on June 8.
