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Indian shares seen opening higher after 3-session drop; oil surge clouds outlook

Indian shares are set to open higher on Friday after three sessions of losses, though gains may prove fleeting due to a spike in oil prices on escalating ​Middle East tensions. GIFT Nifty futures were at 22,830.50 at 7:42 a.m. ‌IST, indicating a positive start for the benchmark Nifty 50, which closed at 22,687.65 on Thursday. Both the Nifty and Sensex indexes are down about 2% so far this week, with sentiment dampened by a rise in Brent crude oil ​futures to $113.5 a barrel, on concern over furt

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Originally published byBusiness Recorder 1h ago · brecorder.com
Read full report at Business Recorder

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