BusinessPhoto: Mint MarketsIndian Shares Rise as Oil Prices Fall and RBI Supports Rupee
Indian shares are set to open higher following their longest weekly losing streak in 25 years, aided by a drop in oil prices and new RBI measures to support the rupee. Brent crude fell 1.6% after a Russia-Ukraine energy ceasefire eased supply concerns. RBI redirected oil companies' dollar purchases and tightened hedging rules to stabilize the currency and improve market sentiment.
Mint Markets·

