Going forward, in the near term, market is expected to remain volatile due to ongoing concerns about US-China trade war and the US-North Korea summit. Moreover, global oil prices and the USD/INR equation will be on investors' radar. On the domestic front, RBI policy meet would be keenly watched by market participants. In wake of the expected rise in retail inflationary pressures on account of the rise in global crude oil prices coupled with the depreciation in the rupee and also the impending higher minimum support prices, we do believe that the RBI would become relatively hawkish, which will be reflected in a probable change in its policy stance too to begin with. Further, the IMD has forecasted a normal monsoon (97% of LPA), the progress of which will be actively tracked by the market.