Sensex, Nifty open higher on lower oil prices, foreign inflow optimism
India, Nov. 9 -- Indian shares opened higher on Monday, supported by falling crude oil prices and optimism over foreign inflows, although potential profit booking after recent gains could cap the upside.
The BSE Sensex rose 302.27 points, or 0.37%, to 81,301.67 at the open, while the NSE Nifty 50 gained 25.8 points, or 0.1%, to 25,012.20.
The benchmark Nifty 50 and BSE Sensex edged lower in a special Diwali trading session on Sunday as investors consolidated gains following a seven-session winning streak. The benchmark indexes had jumped around 10.5% in the seven sessions through Friday, marking their longest winning streak this year.
The rally was supported by strong foreign inflows, easing oil prices and a shift away from global arti...
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