Markets

Indian shares open higher on hopes of US rate pause

Published September 4, 2023 Updated September 4, 2023 09:40am
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BENGALURU: Indian shares opened higher on Monday, after US jobs data raised hopes of a US Federal Reserve rate pause later this month and strong domestic macroeconomic data.

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The Nifty 50 index was up 0.34% at 19,504.60 at 9:17 a.m. IST, while the S&P BSE Sensex rose 0.30% to 65,573.50.