Indian shares were moving higher in early trade on Wednesday despite weak cues from global markets.
Global sentiment remains fragile after the U.S. military launched fresh strikes against Iran in response to the downing of a U.S. Army Apache helicopter off the Oman coast, escalating tensions in the region.
Traders also shifted focus to upcoming U.S. CPI data for valuable insights into market expectations for future interest rates.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.