Indian benchmark indices are set for a mixed start on Wednesday ahead of retail inflation and industrial production data due to be released later in the day.
According to a Reuters poll, India’s retail inflation rate rose to 3.01 percent in May from a year earlier, up from 2.92 percent in April.
Asian shares also trade cautious over concerns of US-China trade relations and ahead of key economic data from China.
Indian benchmark indices settled with gains in the previous session led by metal stocks. The Sensex ended 166 points higher at 39,950, while the broader Nifty50 index added 43 points to end at 11,966.
At 7.05 AM, an early indicator of the Nifty 50's trend in India, traded 9 points lower, or 0.08 percent down at 11,972, indicating a muted start for the Sensex and the Nifty 50.
Stocks in focus: Reliance Capital, Yes Bank, DHFL, RIL. Click here to know more.
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