India Shares Climb Even as Oil Hovers Near $105
Indian shares rose Friday, with the NSE Nifty 50 up 0.69% at 23,818.25 by 13:15 IST, led by private banks and select earnings gains. HDFC Bank and ICICI Bank climbed about 2% each. Central Bank of India dropped after the government launched an offer for sale of up to 8%. Oil prices, rupee moves, and possible RBI rate hikes continued to weigh on sentiment.