Mumbai, May 30 -- As we step into the first week of June, Indian equities are expected to navigate a tug-of-war between lingering global uncertainties and resilient domestic fundamentals. Investor caution persists amid global trade tensions, especially after a U.S. federal appeals court temporarily reinstated tariffs from the Trump era. This development has kept global sentiment on edge, with markets struggling to find direction. The broader risk environment may continue to feel the weight of macroeconomic concerns, especially as volatility in the U.S. 10-year bond yield adds to the uncertainty.

In this scenario, traders are likely to adopt a wait-and-watch stance, especially with key global data releases on the horizon and the RBI's mon...