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Market Impact: 0.35

Indian Shares Drift Lower On Firmer US PCE Inflation Data

Source: Nasdaq

InflationMonetary PolicyInterest Rates & YieldsMarket Technicals & FlowsEconomic Data

Indian equities traded lower on Thursday as firmer-than-expected U.S. inflation revived Fed rate-hike expectations. The renewed focus on higher-for-longer yields weighed on risk sentiment, contributing to a cautious tone in local trading even amid mixed global cues.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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