Indian shares opened higher on Wednesday after U.S. President Donald Trump backed away from his threat to charge a 20 percent toll on all cargo going through the Strait of Hormuz and data showed U.S. headline and core inflation eased in June, prompting traders to scale back their expectations for Federal Reserve rate hikes this year.
The benchmark 30-share BSE Sensex was up 564 points, or 0.7 percent, at 77,629, after having fallen 0.7 percent on Tuesday to snap a three-session winning streak. The broader NSE Nifty index edged up by 163 points, or 0.7 percent, to 24,216.
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Indian Shares Open Higher As Fed-hike Fears Ease
2026-07-15 05:03:30
