Indian Stock Markets Poised for Weak Open Amid RBI Policy, Crude Oil, and FPI Outflows

Indian equity markets are expected to open lower on Friday, with investors cautious ahead of the Reserve Bank of India's (RBI) monetary policy decision. Sentiment is being dampened by a sustained rise in global crude oil prices and continued foreign portfolio investor (FPI) selling. Market volatility remains elevated as participants weigh these key factors. The RBI's policy announcement later today is the primary focus, with expectations centered on interest rate guidance and economic outlook. Concurrently, surging oil prices threaten to widen India's trade deficit and fuel inflation concerns. Persistent FPI outflows further exacerbate selling pressure, reflecting global risk aversion. Analysts suggest the market will closely parse the RBI's statement for cues on future rate trajectories and liquidity management.