Indian shares open higher on oil drop and inflows

Indian shares opened higher extending a recent winning run as a drop in crude oil prices and strong foreign inflows aided investor sentiment. The benchmark Nifty 50 and Sensex both advanced as most major sectors opened higher.

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FILE PHOTO: People walk outside the National Stock Exchange (NSE) in Mumbai, India, October 22, 2024. REUTERS/Francis Mascarenhas/File Photo

India shares opened higher on Monday morning, extending a winning run as lower Brent Crude Oil prices and foreign inflows aided sentiment. The Nifty 50 rose 0.36% to 25,076.4, while the Sensex added 0.4% to 81,327.29. Fourteen of the 16 major sectors opened higher during the morning session.