Indian markets closed cautiously, consolidating for the second week amid global trade tensions and anticipation of domestic policy announcements. The RBI’s upcoming MPC meeting on June 6 is crucial, with its rate stance expected to significantly influence market direction.
Markets await US CPI for tariff impact clues amid Trump’s trade threats: Peter Cardillo
Peter Cardillo of Spartan Capital Securities anticipates a deal will be worked out regarding tariffs. He believes President Trump’s high tariff threats are negotiating tactics.