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Indian Shares Edge Higher as Lower Oil and U.S. Yields Support Sentiment

Nifty and Sensex edged higher as easing crude and Treasury yields supported Indian equities, while weakness in IT shares capped gains.

Indian equities edged higher in early Tuesday trading as softer OilOil refers to a globally traded energy commodity whose price is shaped by supply, demand, inventories, geopolitics, and economic activity. The term belongs in Level 7 because it...Read More prices and lower U.S. Treasury yields supported sentiment. At 09:51 IST, the Nifty 50 was up 0.18% at 23,456.25 and the Sensex gained 0.15% to 74,968.68. Twelve of 16 major sectors advanced, while mid- and small-cap indices added about 0.3%. IT shares bucked the trend, with the sector index down 0.9% as cautious demand expectations and geopolitical risks continued to weigh on the technology sector.

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