Indian shares gain on earnings and US-China trade talks

Indian indexes rose on Thursday as steady earnings and US-China trade progress lifted sentiment. The Nifty 50 gained 1.18 percent despite high oil prices.

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Insights:

UTI NIFTY 50 ETF rose 1.18% and UTI BSE SENSEX ETF gained 1.06% on Thursday morning. Steady corporate earnings and progress in trade talks between the United States and China supported the advance. Investors are weighing geopolitical de-escalation against an unprecedented $23.2B in year-to-date foreign outflows from India.

Trade Progress and Energy Security Lift Sentiment

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