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Indian shares set to open higher as oil hits 2-month low after US Democratic win

MUMBAI: Indian government bonds are set to advance on Thursday, tracking a sharp US Treasury rally after Democrats captured both chambers of Congress, raising hopes of an end to the Iran war, whichdrove crude oil prices to a two-month low. Voter backlash against President Donald Trump’s policies, especially the war’s impact on living costs, powered the Democrats to a sweeping midterm victory. The…

First reported by Business Recorder Latest report 2 sources
Image: Business Recorder
Image: Business Recorder
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  1. Business Recorder

    Indian shares set to open higher as oil hits 2-month low after US Democratic win (opens Business Recorder in a new tab)

    Indian shares are expected to open higher on Thursday, as crude oil prices slumped to a two-month low as investors bet that Democrats’ victory in US midterm elections ​could hasten the end of the US-Israeli war on Iran. GIFT Nifty futures were ‌at 24,295.5 as…

  2. The Hindu

    Oil prices hit two-month low after U.S. Democratic win (opens The Hindu in a new tab)

    Brent crude futures dropped 1% to $93.5 per ⁠barrel, after an 8.7% slide in the previous session

  3. Business Recorder

    India bonds set to rally along Treasuries as Democratic win drives oil to two-month low (opens Business Recorder in a new tab)

    MUMBAI: Indian government bonds are set to advance on Thursday, tracking a sharp US Treasury rally after Democrats captured both chambers of Congress, raising hopes of an end to the Iran war, whichdrove crude oil prices to a two-month low. Voter backlash…

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