Markets continue to trade under pressure; Nifty tests 9,600

Nifty PSU bank index fell over 1%, recording its biggest intraday percent loss since May 29

Benchmark indices continued to trade under pressure tracking global stocks as investors booked profit ahead of inflation data due today and the US Federal Reserve policy meeting later this week.
 
Inflation in India is expected to have cooled to a new record low of 2.60% in May, according to a Reuters poll, which could add pressure on the Reserve Bank of India to cut interest rates later in the year.
 
Asian markets were trading lower - with MSCI's broadest index of Asia-Pacific shares outside Japan down 0.8% - as shares of electronic products makers fell on caution ahead