Sensex and Nifty extended their gains on Thursday from Wednesday (File photo).
Indian shares opened higher on Thursday, extending gains from the previous session and tracking a global rally spurred by falling oil prices on expectations of a potential U.S.-Iran peace deal.
The Nifty 50 rose 0.28% to 24,398.50 as of 9:15 a.m. IST, while the BSE Sensex added 0.49% to 78,339.24, after rising 1.2% each on Wednesday.
All 16 major sectors opened higher. The broader small-caps and mid-caps gained 0.5% each.
Asian equities were broadly higher, with Japan’s Nikkei breaching the 62,000 mark for the first time.
The MSCI Asia ex-Japan index rose 1.4% after a report that the U.S.…