Indian stocks would fall in sync with the global trend:
``It`sa no-brainer that Indian stocks too would fall in sync with the global trend. However, the fall may not be too severe and sentiment could change for the better provided there is no further bad news from the external front. Key indices might also benefit if inflation for April turns out to be lower than anticipated. Consensus is for a drop to 9.5% from 9.9% in March, `` it added.
Indian shares fell in early trade on Wednesday, tailing weak Asian peers and a Wall Street drop overnight, as investors await comments from the US Federal Reserve on prospects for recovery in the world's largest economy.