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Home Business Moderation in US inflation boosted sentiments, triggering a rally in global markets....
Moderation in US inflation boosted sentiments, triggering a rally in global markets. Besides, outweighed concerns over higher-than-expected domestic inflation made Indian equity indices log fresh lifetime highs intraday on Thursday, with Sensex breaching the historic 66,000-mark for the first time.
Dear Trader… Hotter-than-expected domestic inflation kept investors cautious as the blue chips trimmed intraday gains. The BSE Sensex rose 165 points or 0.25% to settle at 65,559, while the NSE Nifty surged 29 points or 0.15% to end at 19,474. From the Sensex pack, TCS and Infosys were the top