Indian shares may open lower due to weak global cues and rising domestic inflation. Consumer price inflation in India accelerated in October to 6.21%, the highest in over a year. Industrial production rose 3.1% in September, surpassing expectations. Benchmark indexes Sensex and Nifty fell over 1% on Tuesday. Asian markets are trading lower, with the dollar extending its post-election rally. Gold is firm above $2,600 per ounce, while oil steadies near its lowest level this month. U.S. stocks ended slightly lower on profit booking after a post-election rally. European shares fell sharply on ECB warnings about Trump’s policies.

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