Indian shares are expected to open higher due to global market trends, despite some concerns.
From Nasdaq: 2025-01-21 21:31:34
Indian shares are expected to open higher on Wednesday, following global market trends. However, concerns over Trump’s tariff plans, weak corporate earnings, and foreign fund outflows may lead to volatility. HDFC Bank and HUL are set to report quarterly earnings today. Sensex and Nifty fell by 1.6% and 1.4% yesterday, while the rupee closed at 86.59 against the dollar. Asian markets were mixed, with Japan’s Nikkei up 1.5%. The dollar fell, gold held steady, and oil prices declined. U.S. stocks ended higher, with the Dow up 1.2%. European stocks also closed higher, with STOXX 600 gaining 0.4%.
Read more at Nasdaq: Sensex, Nifty Seen Higher At Open On Firm Global Cues
