Bharat Express-->

Indian equities

Indian equity benchmarks opened higher, driven by selective buying in auto, PSU banks, and financial services, despite mixed global signals.

After three days of gains, India’s benchmark indices opened lower on Thursday amid weak global cues and early IT and auto selloff.

Indian equities surged as the Nifty 50 jumped 2.4% on Tuesday, making India the first major market to recover from US tariff-driven losses.

FPIs remain robust in Indian markets, investing Rs 7,962 crore in equities and Rs 6,304 crore in debt this month, per NSDL data and market analysts.

Between April 26 and May 16, both benchmark indices increased by 3%, with the Sensex up 1,800 points and the Nifty up 517.