Indian equity indices opened higher for the second straight session on Thursday led by L&T, HDFC Bank and Reliance Industries. The S&P BSE Sensex was trading 145 points or 0.22% higher at 66,264. Nifty50 was trading at 19,755, up 39 points or 0.20% at around 9.16 a.m. Oil prices scaled one-year highs on Thursday, while world stocks eyed their longest losing streak in two years as worries deepened about persistently high interest rates, sending investors to shelter in the safety of a surging U.S. dollar.
Indian equity markets opened higher on Thursday, led by banking, financial, and IT stocks ahead of the release of the Reserve Bank of India’s policy meeting minutes. The BSE Sensex and Nifty50 were trading higher. Experts have a positive outlook on the near-term market. Global markets settled higher and Asian markets advanced. Oil prices slipped, while the Indian rupee strengthened against the US dollar.
