An exciting week lies ahead for investors as significant developments are set to unfold in the financial markets. With key reports from the Reserve Bank of India (RBI), inflation data from major economies, and the quarterly earnings announcement from a leading IT company, traders have a lot to keep an eye on. Despite a mid-week holiday reducing the number of trading days, the economic landscape is buzzing with anticipation.
Key Economic Events to Monitor
RBI’s Monetary Policy Decision – April 9
On April 9, the Reserve Bank of India will conclude its much-anticipated Monetary Policy Committee (MPC) meeting. Market watchers are speculating that the RBI may implement a 25 basis point rate cut to stimulate growth amid ongoing global uncertainties. Investors should tune in for the policy announcement, scheduled for 10:00 AM IST.
US Federal Reserve Minutes – April 9 (Late Night)
Later that same day, focus will shift to the United States as the Federal Reserve releases the minutes from its March policy meeting. These documents are expected to shed light on the Fed’s future interest rate policies. Investors will be keen to learn if the Fed plans to maintain steady rates or if a mid-year cut is still a possibility. The minutes will be available at 11:30 PM IST.
TCS Q4 Earnings Report – April 10
As the Q4 earnings season kicks off, Tata Consultancy Services (TCS) is set to announce its financial results on April 10. As India’s largest IT exporter, TCS’s performance is crucial. Additionally, the board will deliberate on a final dividend for FY25, which could provide a boost for shareholders.
Global Inflation Data – April 10
April 10 will also see the release of inflation data from both the United States and China, the two largest economies in the world. These figures are essential as they may influence the policy decisions of the Federal Reserve and China’s central bank regarding future interest rate changes.
Important Economic Releases – April 11
On April 11, a wealth of economic data will be unveiled. India will publish its Index of Industrial Production (IIP) and Consumer Price Index (CPI) figures for March, both of which are critical indicators of the economic landscape. Meanwhile, the UK will reveal its GDP numbers for February, providing further context for global economic trends.
Market Holiday on April 10
Investors should note that April 10, 2025, is a public holiday in various regions, including India, in observance of Shri Mahavir Jayanti. Consequently, trading will be suspended at both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), creating a pause in market activities.
As these pivotal economic events unfold, investors are advised to stay informed and prepared for potential market movements.