India, Feb. 26 -- Indian shares look set for a muted start on Thursday due to prevailing uncertainty over U.S. President Donald Trump's trade policies and ongoing FII selling.
The downside, however, may remain limited after Nvidia forecast first-quarter revenue above market estimates. CEO Jensen Huang said demand for their Blackwell chips has been "amazing".
Indian markets were closed on Wednesday in observance of Mahashivratri. On Tuesday, benchmark indexes Sensex and Nifty ended on a flat note after a sharp decline over the last five trading sessions.
The rupee fell by 51 paise to close at 87.2 per U.S. dollar, marking its sharpest decline in three weeks, driven by importer hedging and dollar demand linked to the expiry of non-delivera...