Indian Shares Set to Open Higher as Oil Prices Drop
Indian shares are expected to open higher as crude oil prices hit a two month low following the Democratic victory in US midterm elections. Foreign investors increased buying while domestic markets continued recovering.
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India's benchmark indices are set to open higher on Thursday morning after Brent Crude Oil slid to a two-month low. The market move follows the United States Democratic midterm victory, which investors hope will hasten an end to the conflict involving Israel and Iran .
