Will Nifty, Sensex extend gains on Monday? 6 factors which will drive D-Street action this week

Synopsis Indian stock market is expected to extend recent gains this week. The Reserve Bank of India’s policy decision will significantly influence market direction. Geopolitical tensions in the Middle East and fluctuating oil prices remain key concerns. Foreign institutional investors are showing renewed interest in Indian equities. Corporate earnings announcements will also provide crucial trading cues for investors. The Indian stock market overall gained around 3% during the last week, recovering all early losses to sharply rise despite volatility in overall global stock markets. Analysts now highlight that the market’s direction during the upcoming week will be determined by RBI…