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Barring Nifty IT index, all the sectoral indices were trading in the green, led by gains in Nifty Realty and Nifty PSU Bank indices
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading half a per cent up on Tuesday, on the back of positive global cues. BSE Sensex was hovering around 52,590, while the broader Nifty 50 index was ruling near 15,800. ICICI Bank, Bajaj Finance, Mahindra & Mahindra, NTPC, Maruti Suzuki India, State Bank of India (SBI), Housing Development Finance Corp (HDFC) were among top index gainers. IT stocks such as Tech Mahindra, Infosys and HCL Technologies were among top Sensex losers. Barring Nifty IT index, all the sectoral indices were trading in the green, led by gains in Nifty Realty and Nifty PSU Bank indices. Nifty IT index fell 0.03 per cent.
The index of industrial production (IIP) grew 29.3 per cent on-year in May, driven mainly by a favourable base. While retail inflation unexpectedly dropped in June to 6.26 per cent from a six-month high of 6.30 per cent in May but still stayed above the Reserve Bank of India’s (RBI’s) tolerance level for a second straight month, as price pressure remains elevated across food and fuel segments. The country’s factory output witnessed a growth of 29.3 per cent on-year to 116.6 during the month of May.
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