India, May 6 -- Indian shares look set to open higher on Thursday amid optimism over a potential U.S.-Iran peace deal and easing concerns about inflationary pressures.
U.S. President Donald Trump said he has had "very good talks" with Iran over the past 24 hours and it is "very possible" that there will be a deal before his scheduled trip to China next week. Trump threatened to resume bombardment if negotiations fail apart.
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