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
Over 24,000 runners filled Ahmedabad’s riverfront for the 9th Adani Ahmedabad Marathon, honouring India’s Armed…
LIC rapidly expanded its equity book over the last decade, multiplying investments tenfold and concentrating…
Sprouts have emerged as a popular addition to healthy diets, offering a quick, affordable, and…
Dalmia Cement (Bharat) Limited has been issued GST show-cause notices amounting to ₹266.3 crore for…
In the 128th episode of Mann Ki Baat, Prime Minister Narendra Modi praised India’s athletes…
Prime Minister Narendra Modi emphasised the spirit of ‘Vocal for Local’ while selecting gifts for…