Equity benchmark indices Sensex and Nifty rose on Tuesday after retail inflation fell to an 11-month low of 4.83 percent in April.
The 30-share BSE Sensex surged 328.48 points, or 0.45 percent, to 73,104.61. During the session, it rallied 510.13 points, or 0.70 percent, to 73,286.26.
The NSE Nifty inched up 113.80 points, or 0.51 percent, to 22,217.85.
IRFC, Adani Power, Adani Enterprises, Adani Total Gas, Tata Power, Vedanta, LIC, Adani Green Energy, Jindal Steel & Power, HAL, Ambuja Cements, and IRCTC were the top gainers.
Among the laggards were Cipla, Zomato, Cholamandalam Invest, Avenue Supermarts, Godrej Consumer, Colgate-Palmolive, United Spirits, TCS, and Nestle India.
In Asian markets, Singapore, Tokyo, South Korea, Thailand, Malaysia, and Taiwan ended higher, while Hong Kong, Shanghai, and Indonesia closed lower.
European stocks were trading mixed.
On Monday, US markets concluded on a mixed note.
Brent crude lost 0.17 percent to USD 83.22 per barrel.
According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 4,498.92 crore on Monday.
On Monday, the Sensex went up by 111.66 points or 0.15 percent to 72,776.13, while the Nifty moved 48.85 points or 0.22 percent to 22,104.05.
Also read: Vladimir Putin To Travel Beijing This Week
The clarification came within two hours of a video message by Rahul Gandhi, doubling down…
After the implementation of these three new criminal laws, various legal experts and police-administration officials…
Once in Mumbai, the team will head to the Wankhede Stadium, where an open bus…
Up to 5 per cent of the notified amount of the sale of the securities…
The video, pertaining to 2012, shows Sonia Gandhi directing the party lawmakers to create disruptions…
The BJP's allies in the NDA have got the highest representation in the Cabinet Committees…