Week Ahead: RBI Policy, Q3 Results, macro data, global cues among key market triggers this week

Investors will eye several stock market triggers in the first week of the month including the ongoing October-December quarter results for fiscal 2023-24 (Q3FY24), the upcoming Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI), foreign capital inflow, along with other domestic and global cues. Domestic equity benchmarks BSE Sensex and Nifty 50 logged their best week in 2024 so far, as the government’s fiscal prudence in Interim Budget 2024 boosted sentiments. The benchmark Nifty 50 index hit an all-time high for the fifth time this year on Friday, driven by gains in heavyweights such as Reliance…