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Indian shares seen lower as oil stays near six-month high, Fed in focus
Indian shares are set to open lower on Tuesday, giving back some of the previous session’s gains, as Brent crude prices remained near $115 a barrel and investors stayed cautious ahead of the US Federal Reserve’s policy decision later this week. GIFT Nifty futures were at 22,669.5 at 7:53 a.m. IST, indicating a negative start for the benchmark Nifty 50, which closed at 22,753.2 on Monday. The Nifty 50 and BSE Sensex rose 0.7% on Monday, snapping a four-session losing streak, helped by post-earnings gains in select stocks. Brent crude futures hovered near a six-month high after attacks on S...
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