extended gains into second straight day as cooler-than-expected inflation in the US and India fueled risk appetite of investors. Overnight, the US recorded the smallest monthly increase in retail inflation at 7.1 per cent. Back home, India’s wholesale inflation hit a 21-month low of 5.85 per cent on Wednesday.
The broader markets, on the other hand, outperformed the benchmark indices as the BSE MidCap and SmallCap indices advanced 0.59 per cent and 0.68 per cent, respectively.
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))