Indian shares likely to open little changed
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2024
0mins
Source: Reuters
Market Overview: Indian shares are expected to open flat after reaching record highs for four consecutive sessions, with traders awaiting cues on the U.S. economy following a weak consumer confidence report. The NSE Nifty 50 is projected to open slightly below its previous close.
Corporate Updates: Tata Power has shut down a 500-megawatt thermal power unit in Mumbai due to a fire incident, while Gillette India faced a setback as Procter & Gamble Bangladesh terminated its distribution agreement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
