Inflation Balancing
India's retail inflation remained under the crucial 4 per cent threshold for the second consecutive month in August, marking a positive turn for the country’s economic stability.
Positive global cues from Asian indices along with domestic hopes of more healthy quarterly results lifted India’s equity markets during the morning trade session on Monday.
Initially, the equity markets had a gap up opening due to positive global cues.
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Consequently, the BSE Sensex traded at 52,868.36 points, at 10.15 a.m., higher by 281.52 points or 0.54 per cent from its previous close.
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The Nifty50 on the National Stock Exchange traded at 15,851.55, higher by 88.50 points or 0.56 per cent from its previous close.
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