Indian shares set for muted start as Middle East risks weigh
Indian shares are expected to open little changed on Friday as reduced possibilities of a US Federal Reserve rate hike in September offset concerns regarding persistent tensions in the Middle East. GIFT Nifty futures were at 24,428 points as of 7:30 a.m. IST, indicating a muted start for the Nifty 50, which closed at 24,395.85 on Thursday. The Nifty 50 and BSE Sensex have dropped 0.7% and 0.5%,…
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