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Markets open higher on rising odds of Fed rate pause
BENGALURU: Indian shares opened higher on Friday, tracking global peers, as the increased probability of a rate pause from the U.S. central bank lifted sentiment a day after the Reserve Bank of India kept rates unchanged.
The blue-chip Nifty 50 index was up 0.16% at 18,664.60 as of 9:16 a.m. IST, while the benchmark S&P BSE Sensex rose 0.14% to 62,947.50.
The blue-chip Nifty 50 index was up 0.16% at 18,664.60 as of 9:16 a.m. IST, while the benchmark S&P BSE Sensex rose 0.14% to 62,947.50.
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