Gift Nifty flat, Asian markets rise ahead of inflation data; check out key global cues for Indian stock market

News Snapshot:

Asian markets traded mostly higher on Monday ahead of key inflation data this week, including the US consumer price index, and the start of another corporate earnings season. Bond markets were volatile after a recent sell-off drove yields to multi-year highs in the US, making equities less attractive in comparison. In the US, the June CPI report is scheduled to be released on Wednesday, which is forecast to show headline inflation slowed to its lowest level since early 2021 at 3.1%, with the core easing to 5.0%, Reuters reported. A hawkish commentary from the Federal Reserve Markets have increased expectations...