New Delhi, April 6 -- After a volatile week following the Trump administration's announcement of reciprocal tariffs, Indian stock indices are set to take cues from the upcoming monetary policy review meeting (April 7-9), followed by the scheduled release of domestic inflation data.

Trump's reciprocal tariff announcement last week sent tremors across asset classes globally, including here in India. Equity markets worldwide slumped, particularly after Trump's sweeping trade tariffs, which stoked fears of an all-out trade war and a global economic recession.

"For India, the impact may not be as deep as anticipated given the size of trade balance with US," said Union Bank of India in a note.

Indian stock indices closed the week on a sour n...