Indian equity markets were expected to open with limited movement on Thursday as investors assessed the US Federal Reserve’s latest decision to keep interest rates unchanged. The GIFT Nifty was quoted around 22,708, compared with the Nifty 50’s previous close of 22,698.85.
Elevated crude oil prices and uncertainty surrounding Middle East energy supplies remain important concerns for Indian markets. Foreign portfolio investors bought Rs. 872 crore worth of Indian shares on Wednesday, although their net selling for October remained substantial. Investors are also monitoring quarterly earnings and currency movements for further direction.
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