A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS/Francis
BENGALURU, July 15 (Reuters) - Indian shares clinged on to early gains on Friday, supported by gains in consumer goods companies, but the benchmark indexes were headed for their first weekly loss in four on fears over aggressive rate hikes by central banks.
The NSE Nifty 50 index (.NSEI) was up 0.3% at 15,985.20, as of 0509 GMT, while the S&P BSE Sensex (.BSESN) rose 0.24% to 53,543.73.
Both the indexes are down more than 1% this week and on track for their first weekly loss in four.