Indian shares likely to rebound after selloff, but oil surge may cap gains
Indian shares are poised for a higher open on Friday , with benchmark indexes likely to stage a technical rebound after a sharp selloff pushed them into oversold territory and to multi-year lows in the previous session. Gains, however, could be capped by a s...
Indian shares are poised for a higher open on Friday , with benchmark indexes likely to stage a technical rebound after a sharp selloff pushed them into oversold territory and to multi-year lows in the previous session. Gains, however, could be capped by a surge in oil prices and fresh US regulatory pressure on a green-card programme widely used by Indian IT outsourcing firms. GIFT Nifty futures were at 22,379.5 a...