India, Aug. 4 -- Indian shares look set to open on a buoyant note on Wednesday as crude oil prices slumped and global bond yields eased amid hopes for progress on opening the Strait of Hormuz.
Meanwhile, the Reserve Bank of India's monetary policy announcement is due today, with the central bank widely expected to leave the repo rate as well its current policy stance unchanged despite growing risks to inflation due to higher crude oil prices and a weaker monsoon season.
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