Nifty, Sensex Rise as Inflation Cools

  Published 1 year ago

Indian markets gain after cooling inflation boosts rate cut hopes; Nifty, Sensex end four-day losing streak on Tuesday.

  • Retail inflation drops to six-year low, prompting Nomura to predict RBI rate cuts in October and December.
  • Sun Pharma rises 2.7% on U.S. drug launch; Yes Bank jumps 2.4% amid Sumitomo Mitsui investment buzz.
  • HCLTech slides 3.3% after weak results; broader mid- and small-cap indexes gain around 1% each.

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