Indian shares look set to open on a buoyant note Thursday as June's weak U.S. ISM PMIs, rising jobless claims and signs of slowdown in private-sector employment helped raise bets the Federal Reserve could move as soon as September to begin lowering borrowing costs.
Benchmark indexes Sensex and Nifty jumped around 0.7 percent each to reach fresh record highs on Wednesday while the rupee ended marginally lower at 83.53 against the dollar.
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