Indian shares set to open little changed
1 week, 3 days ago

Indian shares set to open little changed

Live Mint  

Dec 13 - Indian shares are anticipated to open with minimal changes on Friday, with analysts expecting the benchmarks to maintain their consolidation near present levels. "The sideways consolidation in Nifty is likely to persist for a few more sessions as the index faces crucial resistance near 24,700-24,800 levels," said Rupak De, senior analyst at LKP Securities. Both the benchmarks settled lower ahead of the release of domestic inflation data after the closing bell on Thursday, which showed that retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review. ** Ashok Leyland gets order worth 3.46 billion rupees for supplying diesel fuel-type passenger bus chassis to the Tamil Nadu government.

History of this topic

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