Global Markets Retreat As Inflation Pressures Resurface

Global markets turned volatile as rising inflation and geopolitical risks drove a sharp risk‑off shift. U.S. equities initially hit record highs but reversed after stronger‑than‑expected CPI and PPI data pushed bond yields higher and dampened rate‑cut expectations.

Escalating US‑Iran tensions lifted crude prices above $100, intensifying inflation concerns for import‑dependent economies like India. The rupee weakened past 96, adding to pressures. Indian equities declined across the board, with weakness in broader markets.

Nifty continues to consolidate within a range, with key resistance near 23,850 and support around 23,262.

Download the Full Report: Click Here