Indian shares tipped to open higher, with oil prices capping gains BENGALURU: On the strength of positive performance reports by corporations ahead of quarterly reporting, Indian equities are anticipated to open higher on Thursday, though gains may be limited by rising oil costs and weak global markets. As of 02:25 GMT, the NSE stock futures for India were up 0.5% on the Singapore Exchange, while the broadest MSCI index of Asia-Pacific shares outside of Japan was up 0.2%. On Tuesday, the S&P BSE Sensex increased 2.3% to 58,065.47 and the NSE Nifty 50 index increased 2.3% to 17,274.30. On Wednesday, there was a holiday and the markets were closed. Following OPEC+'s decision to reduce oil output by around 2 million barrels per day, which will further constrict the global crude supply, oil prices started to rise in early Asian trade on Thursday. Indian stocks increase by 2% as Foreign institutional investors bought net 13.45 billion Indian rupees ($164.8 million) worth of equitie...