Indian equities reached a new record closing high and rose by 0.21% for Nifty, with Sensex increasing 0.31%, supported by foreign investor inflows focused on financial services, PSU Bank, and oil and gas. However, there are concerns about global issues and a delayed monsoon, with net selling by FIIs and the dampened sentiments due to UK CPI inflation came in higher than expected. In the US and European markets, the situation is also shaky with tech companies signaling positive candle with minor upper and lower shadows. Meanwhile, Suzlon Energy, HFCL, NALCO, and ITC counters are showing signs of bearishness.