Indian shares firm ahead of key cenbank meetings; inflation data on tap

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Indian shares firm ahead of key cenbank meetings; inflation data on tap
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Indian shares held firm on Monday as investors awaited directions from key central bank meetings in a data-heavy week, starting with the domestic retail inflation reading later in the day.

last week, raising fears that the U.S. Federal Reserve could also remain hawkish at its meeting later this week, Prashanth Tapse, senior vice president for research at Mehta Equities said.

Global equities advanced on rising odds of a Fed rate pause.added nearly 5% after being declared the lowest bidder for an Indian Navy contract to upgrade a naval ship at an estimated value of 3 billion rupees.

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