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Indian shares open higher as Fed hike bets fade

Indian shares opened higher on Friday after four straight sessions of losses. Traders trimmed expectations for a U.S. Federal Reserve rate hike later this month, lifting global equities and weighing on bond yields.

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Indian shares opened higher on Friday after four consecutive sessions of losses, as fading prospects of a U.S.

Federal Reserve rate hike later this month lifted global equities and weighed on bond yields.Federal Reserve Governor Christopher Waller said on Thursday he would support keeping interest…