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INDIA STOCKS-India's benchmark indexes open marginally higher

ReutersJan 22, 2025 3:53 AM

Updates for markets open

- India's benchmark indexes opened marginally higher on Wednesday, after hitting a more than seven-month low in the previous session on uncertainties over U.S. policy under President Donald Trump and worries over domestic corporate earnings.

The Nifty 50 .NSEI was up 0.23% at 23,079.6 points as of 9:15 a.m. IST, while the BSE Sensex .BSESN added 0.27% to 76,046.42.

Both the benchmarks lost about 1.5% each on Tuesday, closing at their lowest level since June 6, while volatility .NIFVIX in Indian markets rose to the highest since early August.

The Nifty is down about 12% from record highs hit on Sept. 27.

Eight of the 13 major sectors were marginally up at the open. The broader, more domestically-ocussed smallcaps .NIFSMCP100 and midcaps .NIFMDCP100 fell 0.5% and 0.2%, respectively

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Rashmi Aich and Sonia Cheema)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))

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