By Malvika Gurung
Investing.com -- The domestic market traded in red after making a negative opening on Thursday amid weak global cues as investors await another red-hot US CPI inflation data for Sept 2022 due later in the day, which will act as an important input parameter for the Fed’s upcoming Nov 1-2 meeting, while a higher-than-expected Indian CPI inflation print of 7.4% last month weighed on equities.
Some key India Inc earnings and economic events to be in focus on Thursday include:
- Q2 FY23 earnings results of Infosys (NS: INFY ), Mindtree (NS: MINT ), Angel One (NS: ANGO ), Cyient (NS: CYIE ), Anand Rathi Wealth (BO: ANAA ) and Den Networks (NS: DENN ).
- US CPI inflation for September: Annual consumer inflation figure forecasted at 8.1% YoY and 0.2% MoM by Investing.com.
- US Initial Jobless Claims for last week: Investing.com forecasts 225,000
- Federal Budget Balance
- Euro Zone’s Industrial production for August
To read the complete forecast and expectations from the US CPI print for September due later in the day, read US Sept CPI Data Today: Timings & Key Inflation Forecasts; Input for Fed’s Nov Meeting.
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