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


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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