Nifty and Sensex hold the bounce, as US inflation data looms
By Admin - India’s Nifty and Sensex cling to recovery gains on Tuesday.
- Nifty and Sensex fell on Monday on a profit-taking spree and cautious global markets.
- Nifty and Sensex traders look forward to the US inflation data for fresh trading incentives.
The Sensex 30 and Nifty 50, India’s key benchmark indices, are consolidating the bounce following a weak open. Cautious trading on their Asian and European counterparts is keeping their recovery attempts in check.
At the time of writing, the National Stock Exchange (NSE) Nifty 50 index is adding 0.51% on the day to trade at 21,738.85. The Bombay Stock Exchange (BSE) Sensex 30 is following suit, rising 0.66% to 71,562.93.
