Indian shares set for positive start after Fed holds rates steady; elevated oil weighs

Business Recorder • Oct 29, 2026

Indian shares are expected to open little changed on Thursday after the US Federal Reserve held interest rates steady, as expected, ​while elevated oil prices kept investors cautious. GIFT Nifty futures were ‌at 22,708 as of 7:35 a.m. IST, indicating a muted...

Indian shares are expected to open little changed on Thursday after the US Federal Reserve held interest rates steady, as expected, ​while elevated oil prices kept investors cautious. GIFT Nifty futures were ‌at 22,708 as of 7:35 a.m. IST, indicating a muted start for the benchmark Nifty 50, which closed at 22,698.85 on Wednesday. The Federal Reserve kept interest rates unchanged ​on Wednesday, opting to delay any c...