Key Points
BENGALURU, Nov 15 (Reuters) - Indian shares are set to open higher on Wednesday, tracking a jump in world stocks after softer-than-expected U.S. inflation data fuelled hopes of an end to the rate-hiking cycle in the world's largest economy...
Meanwhile, data showed India's annual retail inflation eased to a four-month low of 4.87% in October, below the Reserve Bank of India's upper tolerance band of 6% for a second consecutive month...
Wall Street brokerage Goldman Sachs raised Indian shares to "overweight" from "marketweight" on Monday, citing strong economic fundamentals, earnings momentum and persistent domestic mutual fund inflows as key reasons for the upgrade...
FIIs sold shares worth 12.44 billion Indian rupees ($149.89 million) on Monday, extending their selling streak to the 15th session...
Domestic institutional investors extended their buying streak for the 19th session in a row, adding a net 8.30 billion rupees worth of shares...
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