Indian Shares Open Higher After Losses

Indian shares are set for a positive start after three sessions of losses as buyers defend lower levels. However, gains may be limited by rising oil prices driven by Middle East tensions. Domestic markets await further quarterly earnings.

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The Bombay Stock Exchange logo is seen under a bull statue at the entrance of their building in Mumbai, India January 30, 2018. REUTERS/Shailesh Andrade

India shares are set to open higher during Friday morning trading after three consecutive sessions of losses, driven by a rebound in benchmark equities. Gains may prove limited as Brent Crude Oil surged to $113.5 a barrel amid escalating geopolitical tensions. Investors remain cautious as rising energy costs threaten broader market momentum across the region.

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