Sensex, Nifty Set For Muted Start; ACC, KEC, RIL, SpiceJet, Tata Steel In Focus

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Asian shares rose after positive close on Wall Street on Friday, while the euro advanced as investors expected Europe to follow the Federal Reserve with more interest-rate hikes.

Japanese and Australian equities gained about 1% and U.S. futures advanced after the S&P 500 and Nasdaq 100 snapped three-week losing streaks on Friday. Markets in China, Hong Kong and South Korea are closed for holidays Monday.

At 6:30 a.m., the Singapore-traded SGX Nifty–an early barometer of India’s benchmark Nifty 50–traded 0.16% higher at 17,870.50 points.

West Texas Intermediate crude slipped 0.9% to $86.02 a barrel.



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Image and article originally from www.bqprime.com. Read the original article here.