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The new brand of the Bombay Stock Exchange (BSE) constructing is seen in Mumbai, India, July 12, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights
BENGALURU, Aug 28 (Reuters) – Indian shares opened larger on Monday monitoring Asian friends after China introduced new measures to assist its struggling markets, and because the markets weathered a barely hawkish U.S. rate of interest outlook.
The Nifty 50 (.NSEI) index was up 0.29% at 19,322.70 at 9:16 a.m. IST, whereas the S&P BSE Sensex (.BSESN) rose 0.25% to 65,044.97.
Reporting by Bharath Rajeswaran and Manvi Pant in Bengaluru; Editing by Savio D’Souza and Varun H Okay
Our Standards: The Thomson Reuters Trust Principles.
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