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Indian shares likely to open higher on easing oil prices, bond yields

Asia-Pacific 1 source 1 country 🔦 Under-reported 6m ago

Indian share markets are anticipated to open higher following a decrease in global oil prices and a moderation in bond yields. These financial indicators provide a favorable backdrop for the trading session in India.

The decline in oil prices and bond yields helps alleviate external economic pressures that typically weigh on emerging markets like India, which is a major importer of crude oil. Such favorable macroeconomic conditions often boost investor sentiment and drive equity markets upward at the start of the trading day.

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Read the full story at the source Channel NewsAsia · SG
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