Bharat Express

Business

At around 9.26 am, Sensex was trading at 76,758.37 after rising 258.74 points or 0.34 per cent, while Nifty was trading at 23,225.50 after climbing 49.45 points or 0.21 per cent.

The Indian equity market closed higher, driven by favorable domestic and global factors. Adani Enterprises emerged as top gainer in Nifty 50 index.

The increase in WPI inflation was primarily driven by higher prices in several key sectors, including food articles, food products manufacturing, textiles, and non-food articles.

Gross direct tax collections, before refunds, rose by 19.94%, reaching Rs 20.64 lakh crore, up from Rs 17.21 lakh crore in the corresponding period of the previous year.

The domestic benchmark indices opened higher on Tuesday as HCLTech’s stock tanked 9 per cent in early trade after posting Q3 results that left brokerages unimpressed.

Declining food inflation and stable non-food inflation are expected to create conditions for a rate cut by the Reserve Bank of India (RBI) in the coming months.

Indian stock markets tumbled over 1% on Monday, weighed down by mixed global cues and domestic challenges.

Apple has reached a significant milestone in India, with iPhone exports surpassing Rs 1 lakh crore in the calendar year 2024 with government's Production-Linked Incentive (PLI) scheme.

The report highlights growing momentum in railways, defence, power, and data centers. It predicts that these sectors will further accelerate growth in FY26.

The Indian stock market opened in red on Monday amid weak global cues as selling was seen in the realty, metal, FMCG, PSU bank and auto sectors.