Indian Shares Poised For Firmer Open

Indian shares look set to open higher on Tuesday despite mixed cues from global markets.

While intraday volatility cannot be ruled out, underlying sentiment may remain underpinned somewhat by lower oil prices, resilient domestic macro indicators and optimism for promising corporate earnings’ season.

Benchmark indexes Sensex and Nifty jumped around 0.7 percent each on Monday to extend gains for a fourth consecutive session as crude prices continued to fall in international markets following OPEC+’s decision to raise output.