Rising odds of a U.S. Federal Reserve rate hike in May could set Indian shares for a flat start to Monday, after domestic markets rose following a surprise pause in rate hikes by the Reserve Bank of India last week.
has risen in each of past five sessions, up nearly 4% during the period. Investors await the corporate earnings for the quarter-ended March, scheduled to begin this week.
Wall Street equities rose on Thursday in a truncated week, ahead of U.S. jobs data, which was released on Friday.indicated that the labour market remained tight in March, but was largely in-line with expectations and increased the probability of a Fed rate hike in May.
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