Indian shares firmed on Tuesday, boosted by heavyweight Reliance Industries Ltd ...
- Indian shares firmed on Tuesday, boosted by heavyweight Reliance Industries Ltd after it signed a deal to form a joint venture with BP Plc and improving ties between the United States and China.
Risk sentiment was also supported by the “phase one” Sino-U.S. trade deal and Wall Street’s run to all-time highs, with MSCI’s broadest index of Asia-Pacific shares outside Japan climbing 0.6% to its highest since July 2018. The Nifty PSU Bank index, which tracks the country’s state-run lenders, firmed 1%, with State Bank of India gaining 1.58%.
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