Indian Stock Markets on Thursday opened posting gains with Sensex gaining nearly 400 points while Nifty was above 22,700 mark. IDBI Bank share will remain in focus after the Cabinet has cleared the stake sale to Canada's Fairfax.
\n\nIn the global markets, heavy selling was seen in technology stocks across Wall Street and Asia. The markets were triggered by hotter-than-expected US inflation that strengthened expectations of further Federal Reserve interest-rate hikes.
\n\nGIFT Nifty was trading around 22,690, up 68 points, or 0.3 percent, from its previous close. The index has rebounded about 165 points from Wednesday evening's low of 22,525.
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Original source: https://www.timesnownews.com/business-economy
