Indian shares on track for muted open as oil concerns persist, Fed in focus
Bullish strength: 25/100
- Foreign investors bought Indian shares worth 8.9 billion rupees on Friday.
- Brent crude eased from a near six-month high of $117 to around $115 a barrel.
Bearish strength: 75/100
- Elevated crude oil prices raise concerns about Indian inflation and supply risks.
- The Nifty 50 and Sensex fell 2.4% and 2.2%, respectively, last week.
- Expected US rate hikes could make Indian equities less attractive to foreign investors.
- Ongoing attacks on Saudi Arabia keep oil supply concerns elevated.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.