Indian shares open higher with IT, energy companies gaining the most
BENGALURU (Reuters) – Indian shares rose on Thursday, with information technology and energy companies gaining the most, as investors awaited U.S. inflation data and the outcome of a European Central Bank meeting later in the day.
The blue-chip NSE Nifty 50 index was up 0.35% at 15,681.80 and the benchmark S&P BSE Sensex rose 0.30% to 52,103.55 by 0346 GMT. Both the indexes closed more than 0.63% lower on Wednesday.
Reliance Industries Ltd, Infosys Ltd and Tata Consultancy Services Ltd were among the top boosts to the Nifty 50, gaining between 0.7% and 0.8%. Shares of Reliance have risen in five of the last eight trading sessions.
