Indian shares were set for a muted start on Monday, on worries that the U.S. Fed would go higher for longer with interest rates, while rising concerns after North Korea fired more ballistic missiles further dampened investor mood.
India's NSE stock futures listed on the Singapore exchange were up 0.14% at 17,961.50 as of 7:58 a.m. IST.
Key indexes in Wall Street closed lower on Friday, after official data showed a rise in export prices in January, leading of worries of more tightening by the U.S. Federal Reserve. Investors await the minutes of the Fed's meeting, due on Wednesday, to gauge the U.S. central bank's future rate hiking path. U.S. markets will be closed today for a local holiday.
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