Indian market likely to open slightly lower due to weak global cues

From Nasdaq: 2025-05-14 23:19:00

Indian shares are set to open slightly lower on Thursday due to weak global cues. Investors are cautious ahead of key U.S. economic data and a speech by Fed Chair Jerome Powell. Earnings reports show strong performance from Eicher Motors, Jubilant Foodworks, Lupin, Tata Power, and Muthoot Finance. Several other companies are also scheduled to announce their quarterly earnings today. Indian shares closed higher on Wednesday as retail inflation eased, sparking hopes for more rate cuts from the RBI. Asian stocks are mostly weak as investors await fresh data and clarity on U.S. tariffs. Wall Street closed mixed on Wednesday amid uncertainty over trade policies.



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