Indian shares expected to open cautiously due to geopolitical tensions and Fed interest-rate decision

From Nasdaq: 2025-03-18 22:30:11

Indian shares are expected to open cautiously as investors monitor geopolitical tensions and await the Federal Reserve’s interest-rate decision. Israeli airstrikes in Gaza killed over 400 people, with Prime Minister Netanyahu indicating more strikes to come. Russian President Putin agreed to a temporary halt in attacks on Ukraine’s energy and infrastructure. Sensex and Nifty surged 1.5% each, supported by short covering by foreign investors. The rupee closed at Rs 86.57 against the dollar. Asian markets traded mixed ahead of rate decisions from the Bank of Japan and the Federal Reserve.

In the US, stocks retreated after a two-day rally, with the Nasdaq falling 1.7%. Gold remained near record highs, while oil declined on increased US crude stockpiles. European stocks closed higher after Germany’s approval of a fiscal package, boosting defense and infrastructure spending. The STOXX 600 gained 0.6%, with the DAX, CAC 40, and FTSE 100 all posting gains.



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