Cues for next week
Market participants will keenly watch out the US Federal Reserve's monetary policy stance due on March 20. However, majority of them expect the global central banker to leave interest rates unchanged and start cutting rates from June-end or July onwards.
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According to CME Fed-Watch tool, expectations of a Fed rate cut increased to 47.9 percent in July from 47.6 percent a day before.
Back home, India will release its loan and deposit growth, which will be crucial to understand the performance of banking sector.
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