Indian shares open marginally higher; brokerage stocks drop
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
0mins
Source: Reuters
Market Performance: Indian shares opened slightly higher, with the NSE Nifty 50 up 0.16% and the S&P BSE Sensex up 0.18%, as Maruti Suzuki's quarterly results are anticipated amid profit booking near record highs.
Regulatory Impact: Brokerage stocks fell between 2% and 2.5% following proposals from India's market regulator to increase minimum trading amounts in options markets, which could affect trading volumes if implemented.
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.
