💨 Abstract

Indian shares opened higher on Monday, led by gains in IT sectors, following strong U.S. jobs data that alleviated recession fears. The Nifty 50 index rose 0.43%, while the S&P BSE Sensex gained 0.29%. Asian markets also opened higher. Domestic small- and mid-caps also saw gains. IT companies advanced due to expectations of a soft landing for the U.S. economy.

Courtesy: theprint.in