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The Economic Times
The Economic Times
Business
Akash Podishetti

D-St set for a cautious opening as GIFT Nifty signals muted start

US Federal Reserve Inflation Oil United States

Benchmark Nifty declined over 1% on Tuesday, broader market fell more sharply. Analysts say Indian equities are likely to remain weak amid elevated crude prices, renewed inflation concerns and uncertainty ahead of the US Federal Reserve’s policy decision. Investors will now focus on the Federal Reserve’s September 15–16 policy meeting, with the rate decision due on September 16, amid heightened uncertainty over the inflationary impact of higher crude prices.

STATE OF THE MARKETS

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