Indian shares set to open higher amid US election uncertainty
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 05 2024
0mins
Source: Reuters
Market Outlook: Indian shares are expected to open higher following a significant drop the previous day, with traders anticipating increased volatility due to the upcoming U.S. presidential elections.
Company Performance: Gland Pharma reported a profit decline, Raymond saw a profit increase driven by demand for premium real estate, while Bata India experienced a smaller-than-expected profit due to reduced consumer demand amid high inflation.
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.
