INDIA STOCKS-Indian shares open higher on cooling US inflation, steady FII inflows

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds opening levels in paragraph 2) BENGALURU, May 11 (Reuters) -


Indian shares opened higher on Thursday, tracking Asian peers, after cooling U.S. consumer price inflation raised hopes of a Fed policy rate pause, while persistent foreign buying in domestic equities gave further support. The Nifty 50 was up 0.14% at 18,339.10 as of 9:15 a.m. IST, while the S&P BSE Sensex rose 0.17% to 62,057.73.
(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Nivedita Bhattacharjee and Varun H K)

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