Global Markets | Australian shares edge lower as miners fall, RBA hike looms
Analysis of this story by et_markets · 13 Mar 2026, 1:28 PM IST (about 2 months ago)
AI Analysis
Global inflation fears and geopolitical tensions are driving a risk-off sentiment, impacting financial markets worldwide. This could lead to tighter monetary policies globally, affecting credit growth and asset quality for Indian banks.
Trading Insight
Maintain a cautious stance on banking stocks; monitor for signs of easing geopolitical tensions or a clear stance from the RBI on inflation management.
Quick check: HDFCBANK bearish bias (oversold), ICICIBANK bearish bias (oversold).
Key Evidence
- •Australian shares ended slightly lower on Friday.
- •Losses in miners outweighed gains in financials.
- •Middle East conflict stoked inflation concerns.
- •Expectations of a central bank rate hike next week increased.
- •Risk flag: Escalation of Middle East conflict
Sources and updates
Original source: et_markets
Published: 13 Mar 2026, 1:28 PM IST
Last updated on Anadi News: 13 Mar 2026, 1:56 PM IST
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