Indian shares set to open higher as crude oil prices fall

Indian shares are set to open higher as crude oil prices fell over six percent. Easing Middle East tensions helped lift sentiment after recent market losses.

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Equity markets in India are expected to open higher on Tuesday, rebounding from levels near one-year lows reached in the previous session. The positive sentiment follows remarks from the United States president suggesting that the conflict in Iran could conclude shortly, a development that has effectively lowered oil prices and mitigated concerns over a sustained supply disruption.

Pedestrians walk past the National Stock Exchange (NSE) building in Mumbai, India, in late October 2024. REUTERS/Francis Mascarenhas
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