From the RBI’s interest rate decision, inflation, Fed Minutes to the Q4 earnings of one of India’s largest IT company, it’s going to be an action packed week for the markets. The number of trading days are less as a result of a mid-week holiday but there’s plenty of triggers to watch.
Here are the most important economic cues investors should track this week:
RBI policy outcome – April 9
All eyes are on the Reserve Bank of India (RBI) as it will wrap up its three-day Monetary Policy Committee (MPC) meeting on Tuesday, April 9. Speculation is rife that the central bank may finally go for a 25 basis point rate cut to support growth, especially as global uncertainties continue to loom large. The policy outcome will be announced at 10:00 AM IST.
US Fed Minutes – April 9 (Late Night)
Later the same day, attention will shift to the other side of the world as the US Federal Reserve releases the minutes of its March policy meeting. These notes are expected to offer important insight into the Fed’s stance on interest rates going forward. Will they keep rates steady for longer, or is a mid-year rate cut still on the cards? The minutes will drop at 11:30 PM IST.
TCS Q4 earnings – April 10
As Q4 earnings season kicks off, Tata Consultancy Services (TCS), will report its results on Wednesday, April 10. As the country’s biggest IT exporter, the board will also consider a final dividend for FY25, which could sweeten the deal for shareholders.
Global Inflation check – US, China CPI on April 10
This week also brings a double dose of inflation data from the US and China, the world’s two largest economies. These numbers could shape expectations for future rate moves by the Federal Reserve and China’s central bank.
India’s IIP and CPI, UK GDP – April 11
Rounding out the week is a data dump on Thursday, April 11. India will release its Index of Industrial Production (IIP) and Consumer Price Index (CPI) figures for March, two key indicators of economic health.
Across the globe, the UK will unveil its GDP numbers for February.
April 10 is a market holiday
April 10, 2025, is a public holiday in several regions, including India, as the country observes Shri Mahavir Jayanti. As a result, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will remain closed for the day, pausing trading activities