New Delhi:
Indian stock markets opened on a bullish note today i.e. Wednesday. Benchmark indices are trading stronger in the pre-opening session after inflation in the country touched a 12-month low. Key benchmark indices Sensex was trading up 495.48 points or 0.65 percent at 77,102.05 and Nifty was trading up 158 points or 0.68 percent at 23,480.95.
The country’s inflation rate has been falling continuously for several months. India’s inflation rate fell to a 12-month low of 4.75 percent in May, from 4.83 percent in April.
Nifty 50 is again at a record high today
Let us tell you that Nifty 50 has made all-time highs twice in the last three sessions. At the same time, the inflation report in the US has been positive and the US Federal Reserve has not cut interest rates for the seventh time in a row, which is why the stock market is bullish today and the Nifty 50 opened again at a record high.