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India Stocks Rise on US Shutdown Reprieve
India stocks rise as Nifty jumps 0.32% and Sensex gains 0.31%
India stocks rose on November 10 as optimism grew that the 40-day US government shutdown will end soon. The Nifty 50 climbed 0.32% to 25,573.95 and BSE Sensex added 0.31% to 83,472.41; 14 of 16 sectors advanced and small-caps/mid-caps gained about 0.5% each. (reuters.com)
Other Asian markets rose 1% after the US Senate advanced the funding bill, and Nykaa surged 4.2% as quarterly profit more than trebled. (reuters.com)
The shutdown resolution could boost global risk appetite and support further equity gains. What to watch next: US Senate vote on the funding bill and Q3 earnings from major banks.
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