Indian equities are expected to be guided by crude oil prices, global bond yields and geopolitical developments, analysts said, after President Donald Trump signed the Sanctioning Russia and Iran Act that expands US tariff authority.
The legislation grants the administration the power to impose tariffs of up to 100% on imports from major buyers of Russian oil and gas, putting India at risk because of its sizable purchases of Russian crude.
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Market participants will also monitor foreign investor trading activity and broader trends in global markets for additional cues on equity sentiment.
