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Indian stock markets are poised for a volatile week, with state election results and elevated crude oil prices due to West Asia tensions taking center stage. Investors will closely monitor the impact of these factors on inflation, the rupee, and corporate earnings. Key economic data and corporate announcements are also expected to influence market movements.

Markets brace for a crucial week as investors await state election results, with potential impacts on sentiment. Developments in the West Asia conflict and their influence on crude oil prices remain a significant concern for India's import-dependent economy. Key economic data and Q4 earnings will also shape market movements.

Gold price prediction today: Gold prices are expected to continue seeing volatility in the near-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

Global tensions in West Asia, particularly around the Strait of Hormuz, are driving market volatility and influencing crude oil prices. Investors are also closely watching corporate earnings, with key results due this week, alongside crucial US economic data and the Federal Reserve's policy decision.

For RBI the situation is clear: The resilience of the global economy, already inflicted with trade tensions, is being tested by the conflict in West Asia. The biggest takeaway from the RBI bulletin is that India’s domestic supply chains may come under risk from a prolonged war scenario, though strong macroeconomic fundamentals provide a buffer.

Gold price prediction today: Gold prices are expected to continue being volatile in the coming days on uncertainty related to the US-Iran war and inflation data this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

Higher-than-usual March rainfall tempered India's power demand growth to 1.7%, despite record consumption. Softer demand and ample supply led to lower electricity prices in the short-term market. Renewable energy generation continued its upward trend, while coal remained dominant in power generation.

India's manufacturing sector experienced a slowdown in March, with growth moderating due to rising costs, intense competition, and global uncertainties like the Middle East conflict. While new orders and output saw slower expansion, employment surged, and export demand remained robust, indicating a mixed but resilient industrial landscape.

Gold price prediction today: Amid the Middle East conflict, gold prices are likely to see limited upside in the short-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

India's economy shows strength with robust domestic demand and positive high-frequency indicators. Auto sales and credit growth are up. GST collections remain steady. Manufacturing activity is improving. Labour markets are showing signs of strengthening. Corporate revenues are holding up. Financial flows are supportive. However, Middle East tensions create global uncertainty and a risk of stagflation.

Gold price prediction today: Gold is trading as a risk asset and not a safe haven asset, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

The manufacturing sector was hit the hardest, with its pmi dropping to a four-and-a-half-year low of 53.8 from 56.9. Heightened uncertainty and volatility linked to the Middle East conflict weighed on sentiment.