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RBI meet, PMI data, companies' earnings to guide market this week: Experts

At the start of the week, the market will also take cues from July auto sales numbers which signal a recovery in the sector hit hard by Covid-19

RBI
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The Monetary Policy Committee (MPC) of the Reserve Bank is scheduled to meet for three days beginning August 4 and will announce its decision on August 6.

Press Trust of India New Delhi
The domestic equity market in this coming week will be driven by a host of key developments like RBI monetary policy, macro-economic data release and corporate earnings, analysts said.

At the start of the week, the market will also take cues from July auto sales numbers which signal a recovery in the sector hit hard by Covid-19.

With most parts of the country in unlock phase, the automobile industry has performed better in July over the previous month in terms of sales and is now marching towards normalcy in terms of production as well.

"Going forward, markets would react to