Indian shares set to open steady to slightly higher on positive global cues, GDP growth up

From Nasdaq: 2025-03-02 21:39:49

Indian shares are expected to open flat to slightly higher on Monday following positive global cues. India’s GDP growth for the December quarter of FY25 came in at 6.2 percent, up from the previous quarter’s 5.6 percent, reversing a two-quarter slowdown. The full financial year FY25 GDP growth rate is estimated at 6.5 percent. Asian markets are up, with China’s manufacturing PMI at a three-month high. Gold prices are up on trade war fears, while oil prices rise amid doubts on a Russia-Ukraine peace deal. U.S. stocks ended higher on Friday despite concerns over AI spending and geopolitical stability. European markets also closed higher despite doubts on Trump’s tariff threats.



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