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The Economic Times

Akash Podishetti

D-St set for a negative opening as GIFT Nifty signals weak start

India United States US Fed

Indian equities ended marginally higher on Friday, with the Nifty gaining 0.1% to 23,898, supported by positive global cues and easing expectations of a near-term US Fed rate hike. Analysts say markets are likely to see some relief, supported by easing expectations of a near-term US Fed rate hike and softer global bond yields. However, elevated Brent crude around US$95/bbl and continued West Asian tensions remain key risks to the recovery.

STATE OF THE MARKETS

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