Indian shares expected to open higher after BJP wins in Maharashtra, caution advised for uncertainties.

From Nasdaq: 2024-11-24 21:34:28

Indian shares are expected to open higher after BJP-led alliance wins in Maharashtra state elections, boosting hopes for increased government spending. However, caution is advised due to foreign selling, geopolitical tensions, and uncertainty over Trump’s trade policies. Positive global cues may support market sentiment, with a close watch on oil prices for impact on deficits. Oil prices remain high amid tensions between western powers and major oil producers, raising supply disruption risks.



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