Sensex, Nifty in green as markets make a slow start, CPI data in focus.

11-04-2017
HT

Stocks held out hope on Tuesday as the flagship Sensex made a tepid recovery ahead of release of key macroeconomic data and start of March quarter earnings season due later this week amid a weak trend in Asia.

The 30-share index, which had lost 398.50 points in the previous three sessions, recovered 55.50 points, or 0.18%, at 29,631.24.

Sectoral indices such as IT, oil and gas, capital goods and technology were in the lead, giving the sentiment a lift.

The NSE index Nifty was also trading higher by 7.95 points, or 0.09%, at 9,189.40.

Optimistic buying in blue-chip stocks ahead of industrial production (IIP) data for February and retail inflation for March tomorrow kept stocks on course.

In the Asian region, Hong Kong’s Hang Seng was down 0.76% and Japan’s Nikkei fell 0.48% while Shanghai Composite shed 0.36% in early trade today.

The Dow Jones Industrial Average, however, ended 0.01% higher yesterday.

 

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