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Markets

Indian shares open marginally higher on easing geopolitical jitters

  • The Nifty 50 rose 0.22% to 25,344.6, while the BSE Sensex added 0.03% to 82,335.94
Published Updated
Photo: Reuters
Photo: Reuters
By

Indian shares opened marginally higher on Friday, tracking Asian peers as geopolitical jitters over Greenland eased, though persistent foreign outflows and mixed earnings kept sentiment cautious.

The Nifty 50 rose 0.22% to 25,344.6, while the BSE Sensex added 0.03% to 82,335.94 as of 9:15 a.m. IST.

All the 16 major sectors logged gains.

The broader small-caps and mid-caps rose 0.5% and 0.4%, respectively.

The benchmarks gained about 0.5% each on Thursday, snapping a three-session losing streak, after US President Donald Trump walked back on threats to impose tariffs on European countries and ruled out the use of force to seize Greenland.

They are still down nearly 1.5% so far this week, as tepid earnings from heavyweight firms, such as Reliance Industries , ICICI Bank, and sustained foreign selling weigh.

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