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Economy, Stocks

“Indian shares close higher, shrugging off weakness in Asia, Europe”

“Indian shares closed higher on Thursday, in contrast to weakness in Asian and European equities, bucking concerns around an escalating Sino-U.S. trade conflict and rising odds of further policy tightening by the U.S. Federal Reserve.

The Nifty 50 index settled 0.51% higher at 19,497.30, while the S&P BSE Sensex advanced 0.52% to 65,785.64, with both indexes hitting a record close…

The rise in Reliance also powered oil & gas index which rose nearly 2%. Realty index jumped over 2%, aided by strong quarterly updates from several constituents…”

https://finance.yahoo.com/news/indian-shares-set-open-lower-024637387.html

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