Indian shares expected to open positively following Wall Street rebound, caution remains.

From Nasdaq: 2025-01-05 21:34:01

Indian shares are expected to open positively today following a strong rebound in U.S. stocks on Friday. However, caution remains due to selling by foreign investors and upcoming Q3 earnings reports, starting with TCS. Economic data like Composite PMI, Services PMI, industrial output, and GDP growth are awaited. Advance estimates of FY25 GDP will be released on January 7. Asian markets were mixed while China’s yuan hit a milestone. Gold rose on safe-haven demand, oil prices remained high. U.S. stocks surged on tech gains and improved manufacturing data. European stocks closed lower on Friday.



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