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Indian shares likely to rise as oil comes off; BSE joins Nifty
Indian shares were expected to open marginally higher on Wednesday as signs of recovering exports from the Middle East eased crude oil prices, even as the absence of a peace deal between the US and Iran kept investors on tenterhooks. GIFT Nifty futures were at 22,834 points as of 7:46 a.m. IST, indicating a positive start for the benchmark Nifty 50 index, which closed at 22,716.2 on Tuesday. The National Stock Exchange of India’s semi-annual index review comes into effect on Wednesday, and investors will closely monitor whether the closing auction session can absorb higher inflows. Excha...
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