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Bloomberg Quint
2d
19
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RBI Repo Rate Decision, Key Economic Data, SME IPOs — The Week Ahead
- The Reserve Bank of India (RBI) decision on the Repo rate is the highlight for the upcoming week, signaling monetary policy.
- Key economic data releases along with SME IPOs are expected, while there are no Mainboard IPOs lined up.
- Benchmark equity indices closed lower, marking the Nifty fall for two consecutive weeks due to market volatility.
- RBI's decision on the benchmark interest rate is a crucial domestic event this week, forecasted at 5.75%.
- Important economic data like Manufacturing PMI and Services PMI are scheduled for release in India.
- Globally, the US Manufacturing PMI and the European Central Bank's interest rate decision will be watched closely.
- Corporate actions include Coforge's stock split, dividend payouts by various companies, and other corporate events.
- In the primary market, no Mainboard IPOs are scheduled while two SME IPOs, 3B Films and Ganga Bath Fitting, are set to open.
- 3B Films IPO aims to raise about Rs 33.75 crore, while Ganga Bath Fitting plans to raise over Rs 30 crore through its IPO.
- Overall, the week ahead is packed with significant events in the financial and IPO sectors, both domestically and globally.
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