Indian Shares Set to Open Lower Amid US Inflation Concerns
Indian shares are expected to open lower, following Asian markets, due to a faster-than-expected rise in US consumer inflation. This has increased expectations of another Federal Reserve rate hike, making emerging markets like India less attractive. Overseas investors have sold Indian stocks for 14 consecutive sessions, with year-to-date outflows reaching $32.7 billion. Domestic focus remains on company earnings, including Wipro's upcoming Q2 results.
Mint Markets·




