Markets Next Week, June 1-5, 2026: RBI Policy, India GDP Growth Data Among Key Events

Mumbai, May 30: Indian equities are likely to take cues from a packed macroeconomic calendar in the week ahead, with investors tracking the Reserve Bank of India’s monetary policy decision, India’s March-quarter GDP data and key US labour market indicators for signals on the interest-rate trajectory and economic momentum.

Domestic investors will also watch high-frequency indicators including auto sales, manufacturing and services PMI data, and industrial output figures to assess the strength of consumption and business activity at the start of the new financial year. Globally, sentiment could be shaped by US manufacturing and employment data, which may influence expectations around future Federal Reserve rate cuts.

Apart from macroeconomic triggers, several stock-specific actions including dividend payouts, bonus share issues and Wipro’s buyback record date are expected to keep select counters in focus through the week.

Monday, 1 June

Economic Indicators
May India auto sales
Investors will track monthly dispatch numbers from automakers for signs of sustained rural demand and recovery in passenger vehicle sales amid easing inventory pressures.

May India manufacturing PMI
Factory activity data will offer cues on domestic demand, export momentum and input cost pressures after manufacturing showed resilience in recent months.

April India IIP data
Industrial output numbers are expected to provide insight into the strength of India’s core sectors, manufacturing activity and overall economic momentum entering the first quarter.

May US manufacturing PMI
The data will be watched for clues on the health of the US industrial economy and the potential trajectory of Federal Reserve rate cuts.

Stock specific action
Colgate: ex interim dividend, Rs 24 per share
Shares of Colgate-Palmolive (India) will trade ex-interim dividend on Monday.

Tuesday, June 2

Economic Indicators
US Jolts jobs data
Investors will monitor US job openings data for signals on labour market resilience and its implications for the Federal Reserve’s monetary policy outlook.

Wednesday, June 3

Economic Indicators
India May service PMI data
Activity in India’s dominant services sector will be closely tracked for indications of consumption trends and business sentiment.

RBI monetary policy meeting starts
The Reserve Bank of India’s rate-setting panel will begin deliberations amid expectations of a possible rate cut to support growth.

Stock specific action
Anand Rathi: 1:1 bonus share ex date
Shares of Anand Rathi Wealth will turn ex-date for its 1:1 bonus issue on Wednesday.

Thursday, June 4

Economic Indicators
US jobs data
Weekly US labour market data will remain on investors’ radar for fresh signals on employment conditions and interest-rate expectations.

Stock specific action
Trent: 1:2 bonus share ex date
Tata Group retail firm Trent will trade ex-date for its 1:2 bonus share issue on Thursday.

Friday, June 5

Economic Indicators
RBI monetary policy announcement
Markets will closely watch the RBI’s policy decision, commentary on inflation and liquidity measures for cues on the future rate path.

India Q4 GDP
India’s March-quarter GDP growth figures are expected to shed light on the pace of economic expansion amid improving government spending and private consumption trends.

US non farm payroll
The closely watched US payrolls report will influence global market sentiment and expectations around Federal Reserve policy easing.

US unemployment
The unemployment rate data will provide additional clues on the strength of the US labour market and the outlook for interest rates.

Stock specific action
Bank of Baroda: Ex dividend
Shares of Bank of Baroda will trade ex-dividend on Friday.

Cipla: Ex dividend
Shares of Cipla will trade ex-dividend on Friday.

HDFC AMC: Ex dividend
Shares of HDFC Asset Management Company will trade ex-dividend on Friday.

JSW Energy: Ex dividend
Shares of JSW Energy will trade ex-dividend on Friday.

RIL: Ex dividend
Shares of Reliance Industries will trade ex-dividend on Friday.

Wipro: ex and record date for buyback
Shares of Wipro will trade ex-date and hit the record date for the company’s buyback proposal.