BENGALURU (Reuters) -Indian shares opened higher on Wednesday, with benchmarks inching closer to all-time highs on rising odds of an interest rate pause by the U.S. Federal Reserve after inflation eased to a more than two-year low in May.
The blue-chip Nifty 50 index was up 0.11% at 18,738.85 as of 9:16 a.m. IST, while the benchmark S&P BSE Sensex rose 0.07% to 63,180.33.
($1 = 82.2860 Indian Rupees)
(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Sonia Cheema)
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Source: The Print
