Indian shares likely to open muted as US rate hike bets offset oil relief

Indian shares are poised for a flat opening as falling crude prices due to U.S.-Iran peace talks are offset by anticipated tighter Federal Reserve policy. Despite a recent rally, Wall Street’s overnight decline and concerns over higher U.S. interest rates impacting emerging markets are casting a shadow. Investors will be watching for updates on railway finance stake divestment and Wipro’s cybersecurity expansion.

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