Indian markets set to open higher as oil prices ease

Indian shares are poised to rise as Brent crude prices dropped to 108 dollars. Investors are also tracking assembly election results across four states.

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India's Nifty 50 is set to open above 24,245 on Monday morning as Brent Crude Oil prices fell to $108. The index previously fell 0.7% on Thursday evening after oil reached a four-year high of $126.41. Investors are weighing cooling Middle East tensions against domestic state election results and a heavy corporate earnings slate.

Geopolitical Relief Lowers Inflation Risk

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