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Indian shares seen opening higher after earnings-led rebound; higher oil to cap gains
Indian shares are set to open marginally higher on Friday, after upbeat earnings aided a rebound in the previous session, though higher crude oil prices are likely to limit follow-through gains. GIFT Nifty futures were at 22,981 as of 7:42 a.m. IST, indicating a positive start for the benchmark Nifty 50, which closed at 22,936.75 on Thursday. Both the benchmarks Nifty and BSE Sensex gained over 1% each in the previous session, after strong quarterly results from key constituents and as the US Federal Reserve held interest rates steady as expected. They have gained about 1.4% and 2.3%, respe...
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