The announcement of macroeconomic data, quarterly earnings, RBI interest rate decision and outflow of foreign funds will decide the direction of the coming trading week. These big factors can affect the trading activities of the stock market. Other factors affecting trade may include global market trends, rupee movement and crude oil prices. This week's PMI (Purchasing Managers) for key data such as auto sales and signals, said Head Researcher, Broking Limited Research. index) number. The results of the MPC (Monetary Policy Committee) meeting are set after the recent Fed policy. The PMI (Purchasing Managers' Index) data for the manufacturing and services sectors is due in the first half of this week. Quarterly results will be announced along with earnings reports of big companies like ITC, M&M, Dabur, Titan and InterGlobe Aviation, which could impact the market. Apoorva Sheth, Head of Market Perspectives, Samco Securities said RBI's interest rate decision There will be major news for the market. Sheth said it remains to be seen whether the MPC adopts a more aggressive approach like its western countries or follows its own path. At the same time, trading activity of foreign institutional investors, who are the key drivers of equity markets, will also be monitored for further signs. Besides, the next batch of monthly auto sales numbers and Q1 earnings will be other important domestic factors to drive the market. Meena said the direction of global markets, crude oil prices and dollar index will also decide. During the last week, the 30-share BSE benchmark jumped 1,498.02 points or 2.67 per cent. Analysts said that the domestic markets were dominated by the bulls during the last week amid positive global cues. Kotak Mahindra Life Insurance Company Senior Executive Vice President and Head Equity Hemant Kaanawala said that on the domestic front, with the progress of the monsoon, the growth drivers remain intact, which seems to provide additional comfort. He said a good monsoon progress and a good pick-up in sowing will further bring down inflation. Domestic investors are now gearing up for the RBI's MPC meeting this week, Vinod Nair, Head of Research, Geojit Financial Services, said.