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Indian shares set for positive start on talks to end Iran war, strong Reliance earnings
Indian shares are expected to open higher on Monday as oil prices fell from a six-month high on talks to end the Iran war, while conglomerate Reliance Industries reported higher-than-expected profit for the September quarter. GIFT Nifty futures were at 23,258.5 as of 7:58 a.m. IST, indicating a positive start for the benchmark Nifty 50, which closed at 23,053.1 on Friday. Brent crude futures dropped to $111 per barrel on Monday from their six-month high of $118 on Friday, as Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the US-Israeli w...
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