Indian Shares Seen Opening On Flat Note

(RTTNews) - Indian shares look set to open largely unchanged on Wednesday as investors await industrial output and consumer price inflation data due on November 12 for directional cues.

Meanwhile, expectations remain high that Finance Minister Nirmala Sitharaman will announce new stimulus measures before Diwali to boost the economy.

Benchmark indexes Sensex and the Nifty soared 1.6 percent and 1.4 percent, respectively on Tuesday to reach record closing highs for the second day running, while the rupee ended down 3 paise at 74.18 amid higher crude oil prices and a stronger U.S. dollar in overseas markets.

Asian markets are trading higher this morning as higher crude and commodity prices on expectations of a lift in economic activity boosted energy companies and miners.

U.S. President Donald Trump said Tuesday "results" from his legal challenges to the outcome of voting in key battleground states will begin to emerge "next week."
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