July 21, 2014 / 3:02 AM / 6 years ago

MARKET EYE -Indian shares to start higher on Asian cues, foreign flows

* Indian shares are set to open higher on Monday, following
gains in other Asian stocks. 
* NSE index futures traded on the Singapore Exchange 
rise 0.4 percent, while the MSCI-Asia Pacific excluding Japan
index gains 0.2 percent. 
* Asian stock markets inch higher as investors set aside
geopolitical concerns to focus on the generally upbeat flow of
U.S. corporate earnings ahead of a host of results due this
week. 
* Overseas investors bought Indian shares worth 5.74 billion
rupees ($95.22 million) on Friday, provisional exchange data
shows. 
* Sentiment may also get a boost after Indian energy
conglomerate Reliance Industries Ltd's quarterly net
profit topped market expectations, bolstered by strong revenue
growth in its oil and gas business and higher margins in its
core refining business. 
($1 = 60.2800 Indian Rupees)
0 : 0
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