Indian shares set to open slightly higher; earnings in focus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2024
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Source: Reuters
Market Outlook: Indian shares are expected to open slightly higher as investors await earnings reports from major companies, despite recent declines and foreign fund outflows totaling $8.1 billion in October.
Key Earnings and Developments: Investors are focusing on upcoming earnings from firms like Infosys and Wipro, while notable developments include Hyundai Motor India's IPO and Bajaj Auto's profit increase due to rising motorcycle sales.
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.
