India's Nifty 50 set to test record highs despite dampened US rate cut hopes

The Bombay Stock Exchange building is seen from a facade in Mumbai, India, May 16, 2018. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights , opens new tab BENGALURU, April 8 (Reuters) - Indian shares were set to open higher on Monday, looking to build on their record highs as the corporate earnings season approaches, although easing expectations of a U.S. rate cut in June could weigh on sentiment. Consumer companies however gave a mixed set of sales updates, although easing inflation is expected to lead to healthier results. "The earnings season,...