India's shares opened higher on Friday, driven by gains in financial stocks, as markets showed modest upward movement amid a lack of significant catalysts toward the year-end. By 9:16 am, the Nifty 50 index had risen to 23,

As markets in India and around the world reopen after the Christmas holiday, investors here are looking to ride the so-called Santa Clause rally driving Wall Street higher

January typically tends to be a slower month according to the past decade’s seasonality, with Nifty often closing in the red 70 per cent of the time.