Indian Shares Set to Open Higher Ahead of Jio IPO

Indian shares are poised to open higher as focus shifts to the launch of the Jio Platforms IPO. Optimism over a potential US India trade deal supports sentiment, though rising crude oil prices could cap gains.

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Statues of people and a bull are seen next to the logo of the National Stock Exchange (NSE) in Mumbai, India, September 6, 2024. REUTERS/Francis Mascarenhas

India shares are poised to open higher on Wednesday as focus shifts to the launch of Jio Platforms' $3.2B initial public offering. The positive start follows optimism over a prospective trade deal between New Delhi and Washington. Elevated crude oil prices, however, could cap session gains.

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