Indian shares retreat slightly as investors turn cautious ahead of key macro data

Indian equities opened on a softer note as investors booked profits ahead of major domestic macro announcements and global rate cues. The Nifty 50 slipped marginally after touching record highs earlier in the week, while the Sensex moved in a narrow range as volatility returned across autos and financials. According to Reuters, traders are now positioning portfolios around upcoming GDP readings, inflation expectations, and US Federal Reserve commentary. Broader markets, however, showed resilience with select midcaps attracting renewed institutional interest.