Top factors that could guide markets this week

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Market Events This Week:

Asian shares ticked higher on Monday as investors cheered an announced trade agreement between Beijing and Washington.

WPI inflation data for November scheduled to be released later in the day, which will give cues on the state of the economy.

Apart from this investors will await another crucial event that the GST Council Meet to be held on December 18. Finance Minister Nirmala Sitharaman will chair the meeting in which the Council may discuss about an alternative mechanism for the compensation cess and ways to boost revenue from indirect taxes.

The RBI?s MPC in its latest meet surprised the street by taking a pause after five straight rate cuts. The RBI is going to release the minutes of the December monetary policy committee meeting on Wednesday.

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