Sensex, Nifty open higher as IT stocks gain momentum; inflation data in focus

Indian shares rebounded on Friday, helped by IT stocks and Tata Steel, while investors also focused on more Nifty 50 company earnings and retail inflation reading for October due later in the day. The blue chip NSE Nifty 50 index rose 0.60% to 17,981.50 and the benchmark S&P BSE Sensex rose 0.59% to…