India, May 28 -- Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
India's industrial production growth moderated in April, though at a slower-than-expected pace, official data showed.
Industrial production rose 2.7 percent year-over-year in April, after an upwardly revised 3.9 percent growth in March. The expected increase was 1.0 percent.
Artificial intelligence kingpin Nvidia beat Wall Street's lowered targets for its fiscal first quarter and delivered a solid sales forecast, soothing investor fears about a China slowdown.
At the same time, personal co...