Indian shares are seen opening notably lower on Friday as investors fret about the inflationary impact of elevated crude prices amid escalating geopolitical concerns.
Brent crude futures rose toward $108 a barrel, after surging 5.9 percent on Thursday, WTI crude futures rose toward $103 a barrel after climbing 6.7 percent in the previous session.
Both benchmarks recorded their highest closes since May 19 on Thursday, heightening concerns over India’s import bill, inflation and corporate earnings.
Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial – No Payment Required
Business News
Indian Shares Set For Weak Opening As Oil Extends Surge On Mideast Tensions
2026-09-11 02:41:51
