Economy

India In-Focus — Shares rise; India buys discounted Venezuelan petcoke; Volkswagen, Mahindra deepen EV cooperation 

Follow-ups -eshrag News:

Tue, 2022-08-16 13:08

RIYADH: Indian shares traded higher on Tuesday, with the NSE Nifty 50 index trading above 17,800 for the first time since April 8, helped by softening consumer inflation that eased for a third straight month in July.

The NSE Nifty 50 index was up 0.7 percent at 17,827.25, as of 0500 GMT, while the S&P BSE Sensex was 0.7 percent higher at 59,888.24. Indian markets were closed on Monday for a holiday.

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