November 24, 2024 4:28 PM

Stocks in India likely to react to assembly poll results and fund flows for fresh cues

Domestic stock markets are poised to react on Monday to the outcomes of recent state elections in Maharashtra and Jharkhand, alongside key domestic macroeconomic data and trends in foreign institutional investor (FII) fund flows, according to market analysts. The bi-monthly Monetary Policy Committee (MPC) meeting scheduled for early December is also expected to influence investor sentiment, as analysts anticipate a 25-basis-point rate cut amid concerns over slowing economic growth and moderatin...