Sensex rises over 400 points as Nifty opens in green
The Sensex and Nifty opened higher on Thursday, following gains in Asian markets. This came after US consumer price inflation rose faster than expected, increasing chances of another Federal Reserve rate hike this year. Despite recent foreign investor outflows from Indian stocks totaling $32.7 billion this year, the indices showed early gains. The previous day, both indices closed lower due to profit-taking amid inflation and crude oil price concerns.
HT Business·



