Indian Stocks Open at Eight-Month Highs as Crude Falls, Foreign Inflows Rise
The Nifty 50 rose 1.17% to 25,337.8 and the Sensex gained 1.41% to 82,248.68 as of 9:15 a.m. IST, their highest levels since February 27. The gains followed a holiday break and were buoyed by plunging crude prices and strong foreign inflows.
Indian shares opened at eight-month highs on Wednesday after a holiday break, buoyed by plunging crude prices and strong foreign inflows.The Nifty 50 NSE:NIFTY rose 1.17% to 25,337.8 and the Sensex BSE:SENSEX gained 1.41% to 82,248.68 as of 9:15 a.m. IST, their highest levels since February 27.All…