Indian Shares Eye Flat Start Amid US-Iran Peace Talks
The Nifty 50 is expected to open near previous levels as geopolitical tensions in the Middle East complicate US-Iran peace efforts. Investors are also monitoring the government's plan to sell a 2% stake in Coal India at a 10% discount to its last closing price.
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India equity benchmarks signal a flat open on May 27 as GIFT Nifty futures trade near 23,890. Geopolitical tensions in the Middle East offset record gains in Japan and high AI-driven sentiment across Asia. Investors face persistent capital outflows as foreign selling hit $24.2 billion this year, surpassing the previous record set in 2025.
