Sensex, Nifty, Share Prices LIVE: India’s equity benchmarks BSE Sensex and NSE Nifty are likely to open lower on Friday, tracking negative global cues. Nifty futures at Gift City (6.42 a.m. IST) is hovering around 22,680 against Nifty futures at 22,812 on the NSE. The US March inflation data came in hotter than expected, with a 3.5% increase in consumer prices for the year to March. This has raised the probability of the US Federal Reserve maintaining a status quo in June, keeping interest rates higher for longer, and resorting to two rate cuts instead of three this year. Veteran banker Uday Kotak warned investors of possible global turbulence. Japanese stocks rose in early trade, while Australian shares were little changed and Hong Kong equity futures fell.
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