08-12-2021 09:53 AM | Source: Reuters
Indian shares rise on energy gains; inflation data in focus
BENGALURU - Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.
By 0356 GMT, the blue-chip NSE Nifty 50 index was up 0.1% at 16,299 and the benchmark S&P BSE Sensex rose 0.21% to 54,641.22
The Nifty energy index gained 0.6%, with Power Grid Corp and Tata Power Ltd adding 2.8% and 1.3%, respectively.
Nifty 50 components Bharat Petroleum Corp Ltd, Hero MotoCorp Ltd, Tata Steel Ltd and Eicher Motors Ltd will report results later in the day.
India's consumer price inflation data for July, due at 1200 GMT on Thursday, likely slowed to a three-month low on falling food prices and an easing of supply chain disruptions, a Reuters poll found.
Latest News
Buy Copper Above 880 SL Below 875 TGT 886/890 - Axis...
`It was Chahal & Kuldeep`s idea`: Rohit on unique wa...
?Bigg Boss OTT 3?: Munisha Khatwani opens up about d...
Evening Roundup : A Daily Report on Bullion Energy &...
Tata Power launches rooftop solar initiative for hom...
Quote on Jewellery Retail- Budget Expectation by MP ...
Quote on Finance/Fintech Pre-budget expectation by S...
ULBs in UP to contribute to goal of $1 trillion economy
Quote on Budget Expectation Argi-Commodity- FMCG Sec...
CyberPeace Foundation, NCW aims for 10 lakh women`s ...