Archive · Business Recorder
Indian shares likely to open flat as oil surge counters strong foreign inflows
Indian equity benchmarks are expected to remain in consolidation mode on Friday following recent gains, as sustained foreign institutional inflows offer support while rising Brent crude prices and elevated domestic inflation weigh on sentiment. GIFT Nifty futures were at 25,267.5, as of 7:13 a.m. IST, indicating a muted opening for Nifty 50, which ended at 25,299.35 on Thursday. Foreign investors continued their strong buying streak, recording net purchases of 78.31 billion ($832.71 million) in Indian equities on Thursday, according to provisional data. This marked their ninth consecutive s...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →