Markets

Indian shares open higher ahead of RBI rate decision

Published June 7, 2023 Updated June 7, 2023 09:56am
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BENGALURU: Indian shares opened higher on Wednesday, tracking global peers, ahead of the Reserve Bank of India’s monetary policy decision and on hopes of an interest rate pause by other major central banks.

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The blue-chip Nifty 50 index was up 0.36% at 18,665.60 as of 9:15 a.m. IST, while the benchmark S&P BSE Sensex rose 0.20% to 62,917.39.