Indian Shares Open Higher Led by IT Firms

Indian shares opened higher after three sessions of losses, with gains in IT stocks leading the market. However, an oil price spike driven by Middle East tensions capped broader equity gains.

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The Bombay Stock Exchange logo is seen under a bull statue at the entrance of their building in Mumbai, India January 30, 2018.  REUTERS/Shailesh Andrade

India shares opened higher during Friday morning trading after three consecutive sessions of losses, led by gains in IT stocks. The benchmark Nifty 50 rose 0.16% to 22,726, while the Sensex added 0.53% to 73,634.08.

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