Markets await RBI policy decision, will be volatile this week: Analysts

NEW DELHI: Stock markets are expected to witness volatility this week with domestic factors such as RBI policy decision and quarterly earnings by big players driving the investor sentiment, analysts said.
Also, movement of the rupee, Brent crude and foreign institutional investors (FIIs) would be keenly watched by investors, they added.
“Among important events, participants will be closely eyeing the MPC’s monetary policy review meet this week and its outcome is scheduled on February 9. Besides, on the macro front, IIP data will be released on February 11,” said Ajit Mishra, VP Research, Religare Broking.
“We have some big names like Bharti Airtel, Jindal Steel, ACC, Hero Motocorp, Tata Power, Hindalco and M&M that will announce their numbers during the week along with several others,” Mishra added.

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