Indian Shares Rise as Oil Prices Drop and RBI Supports Rupee

Indian Shares Rise as Oil Prices Drop and RBI Supports Rupee

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Indian shares opened higher following their longest weekly losing streak in 25 years, driven by a decline in oil prices amid hopes for a Russia-Ukraine energy ceasefire. Additionally, the Reserve Bank of India introduced new measures to support the rupee, contributing to positive market sentiment.

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Originally published by gnews