India, June 22 -- Marginally higher GIFT Nifty, weak Asian stocks and the overnight negative close on Wall Street point to a flat or somewhat lower opening for Indian shares Tuesday morning.
The focus will be on oil prices, PMI data and geopolitical news.
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On the Indian economic front, S&P Global's data on manufacturing and services sector activity in India for the month of June is due today.
India's HSBC Manufacturing PMI had climbed to a three-month high of 55.0 in May, advancing from 54.7 a month earlier. The Services PMI was revised higher to 59.8 in May from the preliminary estimate of 58.9 and a final reading of 58.8 in April.
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