Indian shares set to rise after a rout set off by Adani stocks

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Indian shares set to rise after a rout set off by Adani stocks
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Indian shares are set to open higher on Monday tracking gains in global equities on hopes of the U.S. Federal Reserve easing its aggressive monetary policy stance, erasing some of the losses over the previous two sessions due to a sell off in Adani Group stocks.

India's NSE stock futures listed on the Singapore exchange were up 0.19% at 17,722.50, as of 08:05 a.m. IST.

Indian equities tumbled in the previous two sessions and closed at a three-month low on Friday, dragged by aThe group faces a critical session today with the secondary share sale of the flagship Adani Enterprises

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