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Nifty set to open with 300-point gain

Positive0

GreyOak summary

Indian markets are expected to open higher with a 300-point gain as crude oil prices fell and foreign investors resumed aggressive buying. WTI crude dropped to $86 while Brent eased to $91–92, easing inflation concerns. Nifty 500 P/E multiples declined to 21x, and analysts anticipate sustained rallies driven by improved earnings and potential tax policy changes.

What it affects

  • NIFTY 50Positive 0

    Expected to open with 300-point gain.Rolling sentiment Positive +40

Source

Read the original at BusinessLine

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