Indian companies will start releasing their fourth-quarter numbers from this week onwards.
For the week, Sensex edged up by 189 points or 0.5 per cent and Nifty 42 points, or 0.36 per cent.
RBI’s downward revision in FY20 GDP growth estimate to 7.2 per cent weighed on sentiment.
The RBI chief said discussions with several banks are on and he will discuss it again to ensure full transmission.
Morgan Stanley (MS) maintained its previous 'overweight' view on the company.
All sectoral indices on BSE ended the day in the red.
Positive manufacturing data from US and Chinese brought relief to investors, significantly allaying worries of economic slowdown.
The overall market cap of BSE-listed firms jumped to Rs 1.52 lakh crore from Rs 1.51 lakh crore on Friday.
Analysts are advising a prudent, stock-specific approach to maximise gains.
Next week, macroeconomic data and RBI's policy review will be two key factors for the market.
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