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Indian shares seen rebounding at open, capped by oil and Middle East tensions

Indian shares are expected to stage a partial rebound at Thursday’s open after three straight sessions of losses, but recovery is seen as fragile. Elevated oil prices and renewed Middle East tensions are cited.

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Indian shares are likely to stage a partial rebound at the open on Thursday, after three consecutive sessions of losses, though the recovery is likely to remain fragile due to elevated oil prices and renewed Middle East tensions.GIFT Nifty futures (GIFc1) were at 24,094 points as of 8:00 a.m.

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