India stocks set for higher open as oil, yields ease
Indian shares were likely to open higher on Tuesday, mirroring gains in Wall Street and Asian stocks, supported by easing crude prices and Treasury yields. GIFT Nifty futures indicated a positive start for the benchmark Nifty 50 index. Brent crude futures hovered around $101 per barrel after dropping for four consecutive sessions, while the benchmark US 10-year yield fell. Foreign investors sold Indian shares worth 5.76 billion rupees ($60.12 million) on a net basis on Monday.
Sept 22 (Reuters) — Indian shares were likely to open higher on Tuesday, following gains in Wall Street and Asian stocks, as easing crude prices and Treasury yields supported investor sentiment ahead of potential US-Iran talks at the UN General Assembly this week. m. 3 on Monday. Brent crude futures hovered around $101 per barrel, after dropping for four consecutive sessions until Monday, while the benchmark US 10-year yield fell on Monday.
The Nasdaq notched a record high overnight, and Asian stocks mirrored gains in the morning trade. 5%. MKTS/GLOB Iran and the US exchanged threats on Sunday, though President Donald Trump said he would be open to meeting Iranian President Masoud Pezeshkian, who is expected to be in New York this week for the UN General Assembly. 3% in the last four sessions on easing oil prices and bargain buying after recent losses.
12 million) on a net basis on Monday, as per provisional data. They have been sellers in seven of the last eight sessions. com;)