Indian shares set for muted start as Fed signals hikes

Indian shares are expected to open flat after the US Federal Reserve signaled further rate hikes. Meanwhile, investor attention focuses on the massive National Stock Exchange IPO opening today amid elevated crude oil prices.

Xurve View
Insights:
FILE PHOTO: A guard stands at the gate of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas/File Photo

India shares are set for a muted open on Thursday after the United States Federal Reserve raised interest rates by 25 basis points. GIFT Nifty futures traded around 23,224.5 points in early trading.

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.