Financials, energy lead Indian shares higher at the open
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
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Source: Reuters
Market Performance: Indian shares opened higher on Friday, with the NSE Nifty 50 rising 0.25% and the BSE Sensex gaining 0.2%, following a significant drop in the previous session led by financials and energy stocks.
Economic Outlook: India's GDP data is expected to show a growth of 6.5% for the July-September quarter, marking the slowest pace in one-and-a-half years due to decreasing demand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
