Stock market ends higher, Adani Enterprises top gainer in Nifty 50
The Indian equity market closed in the green on Tuesday amid favourable domestic and global cues, as Adani Enterprises was the top Nifty 50 gainer.
The Sensex on Monday fell by 175 points during the early trade after it opened marginally lower.
The decline was led by automobile companies, however, FMCG and pharma stocks gained. At 9.19 a.m., the Sensex traded 175.19 points lower at 36,806.58, from its Friday’s close of 36,981.77.
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The broader Nifty traded 41.80 points lower at 10,904.40.
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The government is expected to announce some more growth-inducing measures, especially for the real estate sector in the coming days.
The data which scheduled to be released on Thursday regarding Consumer Price Index (CPI) and Index of industrial production (IIP) will further reveal the depth of the slowdown.
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