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HomeIndiaIndian benchmarks open marginally higher after worst session in 3 months

Indian benchmarks open marginally higher after worst session in 3 months

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(Reuters) – India’s benchmark indexes opened marginally higher on Tuesday, after posting their worst session in three months, ahead of quarterly corporate results that kick off later this week.

The Nifty 50 rose 0.27% to 23,679.90 points as of 9:15 a.m. IST, while the BSE Sensex was up 0.07% to 78,019.80.

All 13 major sectors advanced at the open. The broader smallcaps and midcaps rose about 0.2% each.

Both the blue-chip indexes lost about 1.6% on Monday, their worst single-day performance since Oct. 3, 2024, as investors worried about earnings after lacklustre business updates from some companies and the persistence of foreign outflows.

($1 = 85.7620 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sonia Cheema and Mrigank Dhaniwala)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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