India shares gain on banking boost, track global peers

by ANKASAM Ekip

Indian stocks opened slightly higher on Wednesday, led by gains in banking stocks, and tracking global peers, while investors remained cautious ahead of the U.S. Federal Reserve’s November policy meeting minutes, APA reports citing Reuters.

The benchmark S&P BSE Sensex (.BSESN) edged up 0.15% to 61,514.48, while the NSE Nifty 50 index (.NSEI) gained 0.16% to 18,3273.70, as of 0433 GMT.

Among sectoral indexes, Nifty pubic sector bank index (.NIFTYPSU) rose nearly 1%, continuing its upward trend on the back of improved asset quality of state-run lenders.

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