Indian shares muted in early trade as Omicron advances
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
BENGALURU - Indian shares traded in a narrow range on Friday after rising for three straight sessions amid a continued global surge in the Omicron coronavirus variant expected to be less severe than the Delta variant.
The NSE Nifty 50 index was up 0.1% at 17,087 by 0359 GMT and the benchmark S&P BSE Sensex rose 0.14% to 57,395.12.
Omicron advanced across the world on Thursday, with health experts warning the battle against the COVID-19 variant was far from over despite two drugmakers saying their vaccines protected against it and two studies showing it carries a lower risk of hospitalisation.
The information technology index was the lone sectoral gainer, rising 1.1%
