FX.co ★ Sensex, Nifty Seen Lower As Investors React To Macro Data

Indian markets are expected to open lower on Tuesday, with investors reacting to mixed global cues and crucial economic data on inflation and industrial output released on Monday after market hours.

In July, India's retail inflation decelerated to 3.54 percent, marking its lowest level in nearly five years, as food prices moderated due to base effects, according to government figures.

Additionally, a separate report indicated that India's industrial output growth fell to a five-month low of 4.2 percent in June, attributed to reduced government capital expenditure amid elections and sluggish rural demand.

Benchmark indices Sensex and Nifty ended Monday's session with slight negative movement. Financial experts dismissed Hindenburg's report on the Adani Group as an international effort to destabilize the Indian economy. The rupee weakened by 2 paise, closing at 83.97 against the US dollar.

Asian markets displayed muted activity this morning, although Japan's Nikkei surged over 2 percent as traders returned from an extended weekend.

The dollar remained steady, while oil prices receded following a five-day increase.

Gold declined in Asian trading but remained close to a one-week peak, driven by concerns over escalating conflicts in the Middle East and Ukraine's unexpected offensive against Russia.

The United States announced its preparedness for significant attacks by Iran or its proxies on Israel as early as this week.

U.S. markets ended the previous day mixed after a turbulent week. The Dow Jones Industrial Average fell by 0.4 percent, the S&P 500 edged up slightly, and the Nasdaq Composite increased by 0.2 percent, pending key economic reports later in the week.

European stocks also concluded Monday's session with mixed results, as investors focused on upcoming inflation data from the U.S. and U.K.

The pan-European STOXX 600 ended flat with a slight negative bias. Germany's DAX finished marginally higher, the U.K.'s FTSE 100 gained 0.5 percent, while France's CAC 40 declined by 0.3 percent.