Last week was full of ups and downs for the Indian stock market. Nifty and Sensex closed with losses for the sixth consecutive week. Due to global tensions and domestic reasons, tremendous restlessness was seen in the market. But now everyone’s eyes are on the coming week. There are five big triggers this week, which will decide whether your portfolio will get green or red.
1. RBI’s first MPC meeting (April 6-8)
The first Monetary Policy Committee (MPC) meeting of the new financial year (2026-27) is starting from Monday. The RBI Governor will announce his decisions on Wednesday, April 8. The market is waiting to see what stance the RBI takes on interest rates and liquidity amid rising inflation and crude oil pressure. This will be the biggest event of this week for investors.
2. Sound of US-Iran war and Trump’s warning
The ongoing conflict in West Asia has entered its sixth week and is now at an even more dangerous turn. Amid reports of Iran shooting down two American planes, Donald Trump has issued a stern warning. Trump has said that if an agreement is not reached within 48 hours or the Strait of Hormuz is not opened, Iran will have to face dire consequences. This tension will have a direct impact on the sentiment of the global market.
3. Uncontrollable prices of crude oil
The closure of the Strait of Hormuz has broken the supply chain of crude oil. On Saturday, Brent crude reached the level of $ 109 per barrel. Let us tell you that before the war started, it was close to 72 dollars, which means it has increased by more than 50%. India imports most of the oil it needs, hence rising cost of crude oil is a big threat to the Indian market.
4. Rupee movement and RBI intervention
Last week, the Indian rupee had reached a record low of 94.84 against the dollar. However, after RBI curbed the activities of banks and took some corrective steps, it saw a big recovery of 152 paise on Thursday and closed at 93.18. This week too, investors will keep a close eye on rupee volatility and RBI intervention.
5. Record selling by foreign investors (FIIs)
The month of March proved to be Black March for the Indian market. Foreign institutional investors (FIIs) pulled out a record ₹1.22 lakh crore from the Indian stock market. This is the biggest monthly selloff ever. If the selling of FIIs continues this week too, then the hopes of recovery in the market may diminish.