Indian shares were marginally higher on Tuesday amid optimism that the U.S. Federal Reserve may start cutting interest rates later this year. The benchmark S&P BSE Sensex was up 18 points at 73,913 in early trade, with the upside capped by signs of escalating tensions in the Middle East.
Indian shares are seen opening on a flat note Tuesday after some officials said interest rates were likely to remain unchanged in the near term. Geopolitical tensions may also weigh on markets as Israel commenced its planned military offensive in Rafah hours after it rejected Hamas's proposal for a ceasefire in Gaza.
Indian shares opened on a positive note Monday as disappointing U.S. jobs and services sector data raised hopes that the Federal Reserve could start cutting interest rates soon.
Indian shares look set to open higher on Monday amid improved global sentiment as weak U.S. data raised hopes that the Federal Reserve could start cutting interest rates soon.
Indian shares gave up early gains to end on a flat note Monday amid signs of escalating tensions in the Middle East. Markets opened on a buoyant note earlier as Friday's data showing weak U.