The Reserve Bank's monetary policy review on Tuesday and the next batch of quarterly results will dictate stock market movement this week, say analysts.

"Positive global cues, liquidity and RBI policy along with Q3 results are key factors which will drive the near term trend. Technically, for Nifty, 6,080 level is crucial deciding mark in near term and the index is likely to witness further rally above this level," Senior Vice-President of Bonanza Portfolio, Rakesh Goyal, said.

Indian markets have remained largely range-bound in the last trading week in the absence of any major trigger. The BSE 30-stock index, Sensex, had gained 64.49 points last week.

Market participants are widely anticipating a 0.25 per cent rate cut on Tuesday.

This time there is a hope that the Reserve Bank may go for rate cuts at least by 0.25 per cent, Goyal said.

Edelweiss Research said in a report said: "We expect RBI to cut repo rate by at least 25 basis points and keep CRR unchanged.

"The cut is highly anticipated as following its explicit guidance of rate cut in Q4 FY'13, inflation (on trend basis) has come off sharply and also the government has continued its reform momentum (special focus on curtailing fiscal deficit and boosting investments)".

Volatility may also remain high this week in view of futures & options (F&O) contract expiry on Thursday, analysts said.

Among major results announcement this week, JSW Steel will declare its Q3 results on Monday, Sterlite Industries on Tuesday, ICICI Bank, Lupin and Punjab National Bank on Thursday.

Bharat Heavy Electricals and Bharti Airtel will announce their Q3 results on Friday.

Auto and cement stocks will also remain in focus as companies from these two sector will unveil monthly sales data for January on Friday.