BENGALURU : Indian shares are set to open higher on Friday benefiting from a broader risk-on sentiment after stronger-than-expected U.S. economic growth data eased concerns of a recession, while investors remained watchful ahead of release of the federal budget and central bank meetings due next week.Indi
BENGALURU : Indian shares are set to open higher on Friday benefiting from a broader risk-on sentiment after stronger-than-expected U.S. economic growth data eased concerns of a recession, while investors remained watchful ahead of release of the federal budget and central bank meetings due next week.
Wall Street overnight ended in the positive territory as strong U.S. economic data eased recession worries. In other Asian markets, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.53 per cent to touch a nearly nine month high. Also due next week are the monetary policy meetings of the Fed, Bank of England, and European Central Bank that will shed light on the path of interest rates the central banks will likely take.
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