India, Feb. 4 -- Indian shares may open a tad higher on Wednesday, with a weaker dollar and falling oil prices likely to offer some comfort.
Global cues remain mostly positive amid hopes that U.S. tariffs and the retaliatory trade measures would not be as painful for the global economy as feared earlier, and that upcoming talks will ease tensions.
Meanwhile, after the Union Budget 2025 set the stage for a rate cut by keeping fiscal deficit under control, the Reserve Bank of India (RBI) is now expected to cut rates at both the February 7 and April 4 meetings.
There are high expectations of a 25-basis point cut in the repo rate to 6.25 percent on February 7, along with possible actions like a reduction in the Cash Reserve Ratio (CRR) or su...