Indian shares set to open lower on oil spike, hawkish Fed; HDFC Bank in focus
Published on March 19, 2026.
Indian shares are expected to open sharply lower on Thursday following a surge in Brent crude oil prices and a decision by the U.S. Federal Reserve to raise its stance on inflation. Shares of oil marketing companies, paint manufacturers, and aviation companies will also be in focus due to the potential impact of the rising oil prices. Foreign portfolio investors sold Indian shares worth 27.14 billion rupees ($291.6 million) on Wednesday, marking their 14 consecutive sessions of selling.
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