Key Points
BENGALURU, Oct 25 (Reuters) - Indian shares are set to open marginally higher on Wednesday, tracking a rebound in global stocks, as U.S. Treasury yields eased and crude oil prices moderated below $90 per barrel...
IST, but higher than the Nifty 50 (.NSEI) close on Monday of 19,281.75...
India's Nifty 50 logged its worst session in more than seven months on Monday, as elevated U.S. bond yields and Middle East conflict weighed on sentiment...
"Fear of regional conflict in the Middle East and worries over more rate hikes by U.S. Fed and high rates for extended periods were the major cause of concern in the market," said Siddhartha Khemka, head of retail research at Motilal Oswal Financial.. "Even the domestic earnings season has been mixed so far, thus not providing resilience to the market," Khemka added...
Both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) were, however, buyers in Indian shares on Monday, adding 2.52 billion rupees and 11.12 billion rupees, respectively, on a net basis...
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