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Market Impact: 0.35

Indian Shares Seen Lower As Tensions Flare In The Middle East

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Indian shares are seen drifting lower as the rebound in global chipmaking stocks faded, U.S.-Iran peace hopes weakened, and investors turned defensive ahead of upcoming U.S. CPI data. The market is focused on inflation prints for clues on future interest-rate expectations, which could keep risk appetite subdued in the near term.

Analysis

Indian shares are seen drifting lower as the rebound in global chipmaking stocks faded, U.S.-Iran peace hopes weakened, and investors turned defensive ahead of upcoming U.S. CPI data. The market is focused on inflation prints for clues on future interest-rate expectations, which could keep risk appetite subdued in the near term.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25