Indian shares set to rise as Fed triggers rise in global stocks

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Key Points

BENGALURU, Nov 2 (Reuters) - Indian shares are set to open higher on Thursday, tracking a rise in global stocks after the U.S. Federal Reserve kept rates unchanged and Chair Jerome Powell hedged on the possible end of the rate hiking cycle...

IST, over 200 points above the Nifty 50's (.NSEI) Wednesday close of 18,989.15...

Foreign portfolio investor (FPI) selling in Indian shares hit a nine-month high of 245.48 billion rupees ($2.95 billion) in October..

IT stocks (.NIFTYIT) will be in focus, having lost nearly 4% in October - their worst monthly performance in 2023 - as uncertainty in client spending in the U.S., a key market for IT companies, hurt their earnings and outlook...

** Maruti Suzuki India : Car maker receives show cause notice from Agra's local metrology department for not mentioning maximum retail price (MRP) on listed products for sale on the official website...

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