Indian shares set to open higher, tracking Asian peers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2024
0mins
Source: Reuters
Indian Market Outlook: Indian shares are expected to open higher, influenced by positive trends in Asian markets and anticipation of a 25 basis-point rate cut by the U.S. Federal Reserve, despite recent economic growth deceleration in India.
Corporate Developments: Key Indian companies like Solar Industries and Pricol are making significant moves with export orders and acquisitions, while IT firms are likely to benefit from improving manufacturing activity in the U.S.
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.
