US April consumer inflation, which was announced on Wednesday after trading hours in Mumbai, increased 4.9% – the lowest since April 2021. This was in line with expectations, raising expectations of a pause in interest rate increases by the Fed.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to