Indian equities impacted by global market cues are trading on a tepid note with Nifty trading weak by 0.06 per cent or 14.3 at 24,819.3. So, as we commence the new June series, Zee Business Managing Editor Anil Singhvi foresees four big triggers for the Indian stock markets.

Here is a detail about these:

Nevertheless, in the May series Nifty50 climbed 2 per cent, while the Sensex gained 1.73 per cent.

So, as the new series kickstarts on a muted note, here are the positive triggers as put by Anil Singhvi:

The apex banker is set to meet on June 8 for its policy decision. The monetary policy outcome is expected at a time when the inflation remains under control and there is anticipated good monsoon. So, in light of the encourgaging macros, the RBI may be nudged to push growth and hence cut interest rates for the third straight time. RBI Governor may spring a big surprise by cutting rates by 0.5 per cent, added Singhvi.

US Federal meeting is also scheduled this month with the decision expected on June 18. Singhvi believes that if the Fed Chair lowers rates due to cooling inflation, it could be a positive surprise

Amid court take on President Donald Trump's tariffs, Trump is under pressure and seizing the opportunity India may strike a good deal with the US. A round of meetings is set to begin next week with the 90-day deadline ending on July 9. One can hope for a good deal by June itself, he added.

Anil Singhvi pointed out that the May witnessed heavy selling with promoters and PE funds carrying out block deals as well as OFS worth Rs 59,613 crore. Overall, a massive Rs 68,596 crore worth of selling took place. However, in the cash segment, FIIs were net buyers to the tune of Rs 18,222 crore in May. But FII buying has slowed in the past week; they’ve started selling in stocks and index futures.

In June too, rising markets may see more block deals, he added. Over Rs 26,000 crore worth of IPOs expected to hit the market over the next two months.

The last 3 series were strong for the markets. Nifty gained 2,286 points, Bank Nifty surged 6,801 points in 3 series.

Nevertheless, FIIs appear bearish at the start of June series.

Other key pointers worth noting are: