Indian Shares Seen Tad Higher At Open On Softer U.S. Inflation Data

U.S. headline and core inflation eased slightly versus June, reinforcing expectations the Federal Reserve will keep its policy rate unchanged at the September meeting. The softer inflation print supports a modest risk-on tone, with Indian shares expected to open slightly higher on Thursday.

Analysis

U.S. headline and core inflation eased slightly versus June, reinforcing expectations the Federal Reserve will keep its policy rate unchanged at the September meeting. The softer inflation print supports a modest risk-on tone, with Indian shares expected to open slightly higher on Thursday.