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Nifty 50 set for muted open on inflation worries

Original: nifty 50

India's Nifty 50 index is on track for a muted opening as traders weigh fresh inflation data that strengthens expectations of further interest rate hikes by the Reserve Bank of India. Market commentary on TradingView notes the cautious mood, with investors reluctant to take positions ahead of policy decisions.

Why now: Rising inflation and rate-hike concerns are weighing on Indian equity markets right now.

Nifty 50Reserve Bank of IndiaIndia

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