Indian shares set to open higher on US yield drop

Indian shares are expected to open higher following lower US Treasury yields and regulatory changes to market closing sessions. Meanwhile, investors remain cautious due to elevated oil prices and ongoing foreign capital outflows.

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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 higher opening on Friday morning, driven by a drop in United States Treasury yields and regulatory adjustments by the local markets watchdog. The benchmark Nifty 50 closed at 22,997.35 on Thursday, setting the stage for an extended recovery.

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