RBI interest rate decision, macroeconomic data, COVID-19 trends and global cues would drive equity markets this week, analysts said. They also said that the markets may see some consolidation ahead of the earnings season which would start from mid-April. "Going ahead, Indian markets are likely to track global cues after the recent announcement of investment plan by the US President. Further, investors would now focus on upcoming quarterly results which would kick start from mid-April," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd said.
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