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Indian Markets Set for Positive Open as Crude Oil Prices Decline

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Indian stock markets were expected to open in positive territory following a dip in global crude oil prices. Brent crude fell 1.09% to $70.79 per barrel, while US WTI crude dropped 1.27% to $67.71 per barrel. Lower oil prices typically ease inflationary pressures and improve sentiment for oil-importing economies like India. The development was seen as a favorable signal for benchmark indices Sensex and Nifty at the opening bell.

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Indian Markets Set for Positive Open as Crude Oil Prices Decline · ShortSingh