Indian stock markets began positively on Tuesday. Sensex and Nifty50 saw gains despite Asian market weakness. Investors are awaiting India’s inflation data for July. The US inflation data is also crucial for interest rate decisions. ICICI Bank and HDFC Bank experienced initial losses. M&M and Tata Steel showed early gains. Market anticipates potential Federal Reserve rate cuts later this year.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets