Tariff moves, FII trading activity likely to drive markets this week

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Tariff moves, FII trading activity likely to drive markets this week - Business Standard

Quick Summary:

The implication of April 2 reciprocal tariffs on global trade, trends in overseas markets and trading activity of foreign investors would dictate equity investors' sentiment in a holiday-shortened week ahead, according to analysts.

Among macroeconomic data announcements this week, PMI (Purchasing Managers' Index) data for manufacturing and services sectors would also be tracked by investors.

The US has threatened to impose reciprocal tariffs on its key trading partners, including India, on April 2.