Indian shares rebound on steady global bond markets
Indian shares advanced after a recent slide, tracking broader Asian markets as global bond yields steadied. The Nifty 50 and BSE Sensex rose following U.S. Treasury steps to curb borrowing rates.
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India shares advanced Thursday morning following a seven-session decline, led by IT and financial sectors as global bond yields steadied. The Nifty 50 rose 0.50% to 24,197.48 and the BSE Sensex gained 0.66% to 77,431.57. The 50-stock index had dropped 2.1% over the prior seven sessions due to pressure from elevated oil prices and bond yields.
