Indian shares are expected to open lower due to negative global cues and rising U.S. bond yields. Investors will focus on first-quarter earnings reports from companies like HDFC Life and Just Dial. Later today, Tech Mahindra and ITC Hotels will release their Q1 results. Asian markets are down after President Trump announced a trade deal with Indonesia. U.S. stocks closed mixed with in-line inflation data and earnings reports from major banks. European stocks fell for the third day in a row due to rising U.S. inflation and bond yields.

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