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Market Impact: 0.6
Indian Shares Open Lower On Inflation Worries
Source: Nasdaq
InflationMonetary PolicyInterest Rates & YieldsEnergy Markets & Prices
Indian equities were subdued early Tuesday as surging oil prices stoked inflation concerns and increased expectations for tighter monetary policy. Traders now price a 57% chance of a September Federal Reserve rate hike, reinforcing the risk of higher yields and a cautious market stance.
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