Indian shares track global markets higher; financial stocks gain
The Charging Bull statue, also known as the Wall St. Bull, is seen in the financial district of New York City, U.S., August 18, 2018. Picture taken August 18, 2018. REUTERS/Brendan McDermid - RC1AE7C08390

Indian shares track global markets higher; financial stocks gain

The NSE Nifty 50 index rose 0.4% to 9,348 by 0346 GMT, while the S&P BSE Sensex gained 0.34% to 31,714.29.

On Wednesday, Indian shares ended over 3% higher, fuelled by a more than 7% surge in the banking index.

Asian shares and U.S. stock futures rose on Thursday as growing optimism about economic recovery from the pandemic trumped immediate concerns about a standoff between the United States and China over Hong Kong.

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