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Indian equity benchmarks finished a choppy session lower on Wednesday, as traders awaited domestic and U.S. inflation data later this week for cues on central banks’ interest rate-hike plans.

January 11, 2023

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Indian equity benchmarks fell about 1% on Tuesday, tracking global moves as investors weighed expectations of less aggressive Fed rate hikes against inflation and corporate earnings performance.

Indian equity benchmarks fell about 1% on Tuesday, tracking global moves as investors weighed expectations of less aggressive Fed rate hikes against inflation and corporate earnings performance.

Dear Trader… Markets traded volatile in a narrow range and ended almost unchanged, taking a breather after Tuesday’s decline. After the initial downtick, the Nifty oscillated in a range till the end and settled at 17895.70 levels. Meanwhile, most sectoral indices traded in line with the benchmark and closed marginally

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