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Indian shares snap losing run as investors assess earnings
Indian shares snapped a four-session falling streak on Monday, aided by a post-earnings rise in key benchmark constituents such as Dr Reddy’s, JSW Steel and Kotak Mahindra Bank. However, inflation concerns driven by Brent crude futures trading around $115 a barrel kept a lid on gains. Investors awaited the Federal Reserve policy decision on Wednesday, when the central bank is expected to hold rates. India’s benchmark Nifty 50 rose 0.68% to 22,753.2, and the Sensex added 0.66% to 73,606.75. The indexes had slipped about 0.9% earlier in the session. Beyond crude, September-quarter earnings will ...
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