Indian shares set for lower open as TCS earnings begin

Indian shares are poised for a weak open following a hawkish rate hike by the central bank and rising oil prices. Investors are closely watching Tata Consultancy Services as it kicks off the earnings season.

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FILE PHOTO: People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas/File Photo

India shares are poised for a lower opening on Thursday morning, extending losses from the previous session after the central bank delivered a rate hike. The Nifty 50 index faces renewed pressure following Wednesday's close at 22,603.05. Investors are turning their focus to TATA CONSULTANCY SVCS LTD as it kicks off the September-quarter earnings season.

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