Indian Shares Set to Open Higher as Oil Eases, RBI Moves to Support Rupee

Indian equities are expected to open higher on Monday, supported by falling oil prices on hopes of a ceasefire in Russia-Ukraine energy infrastructure attacks, and the RBI's fresh measures to support the rupee. Foreign investors net sold for an 11th consecutive session, while domestic institutions net bought 47.43 billion rupees. Can Fin Homes reported a 9.2% year-on-year rise in quarterly profit.