Nifty and Sensex open higher on strong corporate earnings
Indian shares rose Thursday as strong earnings from Bharti Airtel and Tata Motors supported markets. Elevated oil prices and regional tensions capped the gains.
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The Nifty 50 rose 0.63% to 23,559 on Thursday morning as strong corporate earnings offset pressures from high energy costs. The rebound follows a 4% decline over four sessions triggered by rising oil prices and government austerity calls. Fifteen of 16 major sectors logged gains.
