Indian shares are expected to rise slightly on Tuesday as investors look for new triggers, while concerns about interest rates are likely to keep them on edge. India’s NSE stock futures in Singapore rose 0.16% to 18,734 on Tuesday. There is unease in Asia, with a confluence of rate worries, China’s shaky economic recovery and political developments in Russia causing stocks to wobble in early trading. On Monday, foreign institutional investors sold a net INR 4.09bn ($49.9m) worth of Indian equities, while domestic investors bought INR 2.5bn of shares. S&P Global Ratings raised its assessment of India’s banking sector on Monday.
Indian Stocks Poised for Slight Increase Amid Concerns over Interest Rates
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