05-10-2023 09:25 AM | Source: Reuters
Indian shares open higher as U.S. yields, oil prices ease
Indian shares opened higher on Thursday as the relentless surge in U.S. Treasury yields and oil prices eased, although the continuous selling by foreign investors kept the gains in check.
The NSE Nifty 50 index was up 0.45% at 19,525.55, as of 09:15 a.m. IST, and the S&P BSE Sensex climbed 0.46% to 65,538.70. ($1 = 83.2340 Indian rupees)
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Quote on India VIX by Anand James, Chief Market Strategist, Geojit Financial Services
Market Watch: Nifty eyes record peak again, but rising VIX rings caution - Geojit Financial Services Ltd
Nifty opened with an upward gap and witnessed extreme volatility throughout the day - Jainam Share Consultants
Banking index is likely to trade in line with the benchmark index today with support at 48600 - 48400 level and resistance at 49400 - 49600 level - Monarch Networth Capital Ltd