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RBI rate cut, government stimulus done. What are the markets eyeing now?

The S&P BSE Sensex slipped 1,310 points from the day's high to close marginally negative on Friday post the RBI's measures

Markets, Investors, Indices, Stocks
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Over the next few weeks, analysts expect the markets to remain volatile

Puneet Wadhwa New Delhi
After the relief package by the government for the poor and the marginalized sections of society and a series of liquidity enhancing measure by the Reserve Bank of India (RBI) announced over the past few weeks, the central bank slashed rates by a 75 basis points (bps) – the most aggressive cut in the last 10 years. That apart, the RBI put a moratorium on all equated monthly installments (EMIs) on loans to ease the borrower’s pain.

On their part, the Indian markets which expected the authorities to roll out measures to stem the fall and stabilise sentiment after the over