Indian Shares Face Muted Open as Oil Prices Rise
Indian shares are expected to open flat as rising Brent crude prices and elevated inflation offset strong foreign institutional inflows. Foreign investors recorded significant net purchases while retail inflation breached the central bank target.
Xurve View
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Xurve View
India's equity benchmarks are set for a muted opening on Friday as rising Brent Crude Oil prices offset robust foreign institutional inflows. The Nifty 50 is expected to consolidate following recent gains after closing at 25,299.35 on Thursday. Sustained foreign buying offers underlying market support, though inflationary pressures and energy costs weigh on investor sentiment.
