{
  "id": 3650550,
  "title": "Indian shares set for higher open as oil eases",
  "url": "https://urgent.news/2026/08/27/indian-shares-set-for-higher-open-as-oil-eases",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T03:00:10.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40436632/indian-shares-set-for-higher-open-as-oil-eases"
  },
  "original_language": "en",
  "account": "Indian shares are poised for a higher opening on Thursday, as oil prices decline amid hopes that Iran and Qatar's discussions could resolve the critical Strait of Hormuz issue, according to the wire material. The Nifty 50 futures stood at 24,360.50 points by 8:12 a.m. IST on Thursday, suggesting a bullish start for the Nifty 50, which had closed at 24,207.75 on the previous day. Brent crude slipped 0.5% to $87.50 a barrel after Iran reported cooperation with Oman to finalize the Strait of Hormuz agreement, alleviating fears of prolonged disruptions to Middle Eastern oil supplies. The MSCI's Asia-Pacific index, excluding Japan, climbed 0.7%, propelled by technology stocks. Nvidia reported quarterly earnings that more than doubled, surpassing Wall Street's expectations and boosting sector sentiment. However, global economic conditions remain complex. The U.S. annual inflation rate remained unchanged in July, persisting above the Federal Reserve's 2% target for the 65th consecutive month, potentially fueling speculation on the central bank's future policy actions. On Wednesday, domestic indices Nifty and Sensex dipped 0.5% and 0.2%, driven by IT and Reliance sectors, while heightened sell-offs during the final auction. Hariselvan Radhakrishnan, founder and CEO of HST Wealth, cautioned that the Sensex's monthly expiry on Thursday might introduce additional trading adjustments, potentially affecting the opening trend's reliability. Foreign portfolio investors were net buyers in Indian markets for the third consecutive session on Wednesday, purchasing a total of 5.03 billion rupees ($52.72 million). Domestic institutional investors also bought shares worth 64.25 billion rupees, per NSE's preliminary data. In August, foreign investors had invested $2.85 billion in Indian stocks, marking the highest inflow since September 2024, as per data from the National Securities Depository.",
  "summary": "Indian shares were set to open higher on Thursday , as oil prices slid on expectations that talks between Iran and Qatar may open the key Strait of Hormuz, while a strong earnings report from Nvidia buoyed other Asian markets. GIFT Nifty futures were at 24,360.50 points, as of 8:12 a.m. IST, indicating a positive start for the Nifty 50, which closed at 24,207.75 on Wednesday. Benchmark Brent fell…",
  "key_points": [
    "Indian shares expected higher open Thursday as oil prices decline",
    "Nifty 50 futures at 24,360.50 points, suggesting bullish start",
    "Nvidia earnings more than double, boosting sector sentiment"
  ],
  "editors_take": "Easing oil prices and positive sentiment from Nvidia's strong earnings report are likely to buoy Indian shares, but caution remains due to complex global economic conditions and potential trading adjustments.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}