Indian Shares Set For Cautious Open

(RTTNews) - Indian shares may open flat to slightly lower on Monday despite gains elsewhere across Asia and higher U.S. equity futures as oil prices fell for a fourth day amid ongoing diplomatic efforts to end the U.S.-Iran conflict. India said it has 'made clear' its determination to 'protect its trade and economic interests' after U.S. President Donald Trump signed a Russia sanctions law that authorizes tariffs on countries buying Russian oil and gas. Brent crude futures fell nearly 2 percent below $102 a barrel ahead of a crucial meeting this week between U.S. President Trump and Gulf-state leaders on the sidelines of the United Nations General Assembly.