Indian shares edge lower as Fed hawkishness, oil and IPO weigh
Indian shares were little changed, with a hawkish U.S. Federal Reserve tone and elevated oil prices and a crowded IPO calendar offsetting bargain buying after a recent selloff. An IPO for the National Stock Exchange raised supply concerns.
S. rate hike, hawkish Federal Reserve commentary, elevated oil prices and a crowded IPO market outweighed bargain buying after the recent selloff. 3 billion IPO for India's biggest bourse, National Stock Exchange…