MUMBAI: Indian stock markets are likely to remain volatile in the near term amid global uncertainties and a heavy flow of economic and earnings data, according to the market analysts.

The analysts have stated that the upcoming week will be crucial, with several key macroeconomic data releases scheduled.

On the domestic front, focus will be on India’s CPI inflation and WPI inflation data, which will provide insights into the inflation trajectory and policy outlook.

“Markets are likely to remain volatile in the near term amid global uncertainties and a heavy flow of economic and earnings data,” said Ajit Mishra, SVP, Research, Religare Broking Ltd.

“Looking ahead, the 25,300-25,250 zone is expected to serve as a crucial support area for Nifty,” said Sudeep Shah, Head – Technical and Deri

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