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Indian shares likely to consolidate after foreign inflow-driven rally

Indian shares are expected to open little changed on Thursday, as benchmark indexes look to consolidate after a sharp rally driven by sustained foreign ​fund inflows, lower crude oil prices and a cooling global AI trade. GIFT ‌Nifty futures were at 25,270 as of 8:00 a.m. IST, indicating a muted start for the benchmark Nifty 50, which ended at a more-than-eight-month closing high of 25,255.05 on…

First reported by Business Recorder 1 source
Image: Business Recorder
Image: Business Recorder
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  1. Business Recorder

    Indian shares likely to consolidate after foreign inflow-driven rally (opens Business Recorder in a new tab)

    Indian shares are expected to open little changed on Thursday, as benchmark indexes look to consolidate after a sharp rally driven by sustained foreign ​fund inflows, lower crude oil prices and a cooling global AI trade. GIFT ‌Nifty futures were at 25,270 as…

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