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Reuters·1 min read·medium

Indian shares open higher as oil eases, RBI moves to support rupee

Indian shares open higher as oil eases, RBI moves to support rupee
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Indian stock markets opened higher on Monday following a period of decline, bolstered by falling oil prices and central bank interventions to stabilize the rupee. The market sentiment improved as investors reacted to potential geopolitical shifts in the Russia-Ukraine conflict.

Why it matters

Market fluctuations in major emerging economies like India have global implications for investor confidence and currency stability.

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Oct 12 (Reuters) - Indian shares opened higher on Monday after snapping their longest weekly ​losing run in 25 years on…

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Also covering this story

3 other newsrooms covered this event. We read each version separately.

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NDTVBalanced

Rupee Sees Highest Jump In 6 Months After RBI Action On Bets Against Currency

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