Investors on Dalal Street are gearing up for a pivotal week influenced by several domestic and global factors. The Reserve Bank of India's (RBI) monetary policy announcement on Friday is anticipated to be the most significant event, with market participants keenly observing the central bank's stance on inflation and interest rates. Additionally, the final HSBC Manufacturing PMI, Services PMI, and Composite PMI data, scheduled for release this week, will offer insights into business activity and demand trends. The previous week closed negatively, with the BSE Sensex declining by 639.61 points and the NSE Nifty by 171.55 points. Geopolitical tensions, particularly the evolving US-Iran situation and crude oil price movements, will also play a crucial role in shaping market sentiment. Investors will be closely tracking these developments along with India's GDP growth figures and foreign exchange reserves data to gauge economic momentum. Furthermore, the release of monthly automobile sales data on June 1 will provide additional context regarding sector demand.