Indian shares are expected to drift lower due to various uncertainties and cautious market sentiment
From Nasdaq: 2025-01-26 21:37:37
Indian shares are expected to open slightly lower on Monday after three consecutive weeks of decline. Factors such as foreign fund flows, tariff uncertainties, and slowing corporate earnings growth contribute to a cautious undertone. Market sentiment may be influenced by upcoming Q3 earnings, the upcoming Budget, monthly F&O expiry, and the U.S. Federal Reserve’s interest-rate decision. Asian markets traded mixed following disappointing Chinese economic data. The dollar strengthened after Trump imposed tariffs on Colombia. Oil prices fell over 1% as Trump called for OPEC to cut oil prices. U.S. stocks ended lower but had back-to-back weekly gains. Economic data showed a decline in U.S. consumer sentiment and an increase in existing home sales. European stocks ended flat on Friday, with the STOXX 600 marginally lower. The DAX and FTSE 100 ended flat/negative, while the CAC 40 rose slightly.
Read more at Nasdaq: Sensex, Nifty Likely To Drift Lower In Cautious Trade
