Economy

Sensex and Nifty Open Higher Despite Elevated Oil Prices

Hindustan Times1h
THE BRIEF
1

Indian stock market indices Sensex and Nifty opened higher on Monday morning despite ongoing concerns over elevated crude oil prices and inflation.

2

BSE Sensex traded over 435 points up at 74,721.20, while the Nifty 50 advanced 46.65 points to 23,391.55 shortly after opening.

3

Foreign institutional investors purchased Indian shares worth 6 billion rupees on Friday, breaking a six-session net selling streak.