The Indian market will be closely monitoring the progress of the monsoon season. Globally, there is expected to be an increase in volatility in the US market over the coming week. This is due to the upcoming semi-annual testimony of Fed Chairman Powell to Congress,” said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.According to analysts, a steady recovery in global indices, especially in the US, played the catalyst in the surge in domestic equities last week. Last week, the BSE benchmark jumped 758.95 points or 1.21 per cent.Read more: