Mumbai, Nov. 21 -- Indian markets enter the week ahead with a cautiously optimistic tone. Domestically, India's flash HSBC Composite PMI slipped to 59.9, dragged down by manufacturing (dropping to a nine-month low of 57.4), hinting at a loss of momentum despite still-strong services demand.

Policymakers may face renewed pressure to support growth as inflation eases to record lows, fueling expectations of a further RBI rate cut.

On the trade front, ongoing U.S-tariff discussions continue: despite 50% U.S. duties, India's drop in exports has been more moderate, giving government room to negotiate, especially with signals of a potential rollback.

Meanwhile, China's economy shows strains - weak consumption, slowing industrial output, and i...