Indian Shares Open Higher With Earnings In Focus

India, July 17 -- Indian shares opened higher on Friday despite weak cues from global markets.

Investors are pinning hopes that an upcoming MSCI index rebalancing, which could add up to 12 stocks, may trigger about $2.3 billion in passive investment flows.

The benchmark BSE Sensex was up 625 points, or 0.8 percent, at 77,812 in early trade while the broader NSE Nifty index surged 162 points, or 0.7 percent, to 24,235.

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Published by HT Digital Content Services with permission from RTT News....