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	Podcast:		Mint Business News
	Episode:		Markets Open Flat, RBI in Focus \| Rupee Rises on Growth \| NMDC’s ₹70,000 Cr Global Mining Blitz
	Category:		News & Politics
	Duration:		00:08:33
	Publish Date:		2025-06-02 03:29:00
	Description:		Welcome to Top of the Morning by Mint.. I’m Nelson John and here are today’s top stories. Flat Start for Markets, All Eyes on RBI Indian markets are bracing for a cautious open this Monday. Global cues are mixed—Japan’s Nikkei and Topix dipped, while US indices closed steady after clocking their best monthly gains since Nov 2023. Gift Nifty hints at a flat open. The big domestic trigger? The RBI’s monetary policy decision on Friday, with markets pricing in a 25-bps rate cut. Investors will also track May auto sales, foreign fund flows, and the fallout from Trump’s move to double US steel tariffs to 50%. India’s GDP grew 7.4% in Q4, even as FY25 growth slowed to 6.5%. GST collections stayed strong at ₹2 lakh crore+, and crude oil prices are heating up again. “Stay diversified,” says PL Capital’s Vikram Kasat. “Macro resilience is intact, but global uncertainty looms.”
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