💨 Abstract

India's benchmark indexes are expected to open higher on Thursday due to favorable domestic inflation data suggesting another rate reduction. However, U.S. inflation reading and trade war concerns have dampened risk sentiment. Asian markets are marginally higher, but U.S. equities fell overnight after a higher than expected U.S. consumer inflation pick-up. The strong U.S. inflation reading challenges the prospects of further monetary easing in India.

Courtesy: theprint.in

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