BusinessSensex and Nifty Open Higher After Longest Weekly Decline in 25 Years
Sensex and Nifty indices opened higher on Monday following their longest weekly losing streak in 25 years. The rise was supported by easing concerns over aggressive US monetary tightening and a drop in oil prices. Sensex gained over 400 points at the opening, while Nifty futures indicated a positive start. Last week, both indices faced eight consecutive weekly declines due to foreign selling, high crude prices, and rising global bond yields. Softer US jobs data and lower oil prices improved market sentiment.
HT Business·



